Sharechat Logo

APN names Lotteries Commission chief Todd McLeay as COO in NZ

Friday 21st October 2011

Text too small?

APN News & Media named Lotteries Commission chief executive Todd McLeay to the new role of chief operating officer for New Zealand as it seeks to boost advertising sales and circulation.

McLeay will be responsible for APN’s local publishing business, which includes the New Zealand Herald, a tranche of regional newspapers and magazines including The Listener and New Zealand Women’s Weekly. He takes up the job in January, reporting directly to APN’s New Zealand media chief executive Martin Simmons.

McLeay has been CEO of the Lotteries Commission since 2006, and has previously held senior marketing roles at New Zealand Post and Vodafone.

The Sydney-based company’s shares have shed almost two-thirds of their value on the ASX in the past two years, reflecting a broader downturn in newspaper publishing with the advance of the internet.

APN posted a net loss of A$98.3 million in the six months ended June 30, from a year-earlier profit of A$39 million, reflecting an impairment charge against its New Zealand metropolitan newspaper titles.

Simmons said APN has restructured its management, establishing the role of COO along with two other senior positions to “develop a more integrated business with a focus on multi-media advertising and circulation sales.”

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

28th October 2021 Morning Report
Wellington Drive Technologies Limited (NZX: WDT) Performs Strongly in Q3-2021
Ryman Healthcare Limited (NZX: RYM) Acquires Extensions to Two Existing Victorian Sites
Promisia Healthcare Limited (NZX: PHL) Banking Covenant Update
Pictor Limited Announces Start of US Clinical Trials for SARS-CoV-2 Serology Test
Arvida Group Limited (NZX: ARV) Opening of Rights Offer
Move Logistics Group Limited (NZX: MOV) Announces $40m Capital Raise
27th October 2021 Morning Report
The a2 Milk Company Limited (NZX: ATM) Investor Day 2021
Contact Energy Limited (NZX: CEN) Considers Green Capital Bond Offer