Nine Entertainment’s CEO to Resign in September

Nine Chief Finance and Strategy Officer Matt Stanton will assume the acting CEO position while the company looks for a suitable candidate.

Nine CEO Mike Sneesby during an announcement at Nine headquarters in Sydney, Australia, on March 3, 2021. AAP Image/Dean Lewins

Nine Entertainment has announced its CEO, Mike Sneesby, will officially resign on Sept. 30 after three and a half years in the position.

In a notice to the Australian Securities Exchange, the mass media company, which owns television, radio, and newspaper assets, said Sneesby and Nine’s board of directors believed now was “the right time” for a transition.