Jane Hastings has resigned from her role as chief executive officer of NZME, and current chief financial officer Michael Boggs has been named as her replacement.
This morning APN News & Media Limited announced the resignation which comes after Hastings stepped into the role in September 2014 having worked with the APN Group since May 2012.
Boggs will start his new role 8 April.
Hastings has been credited for her enormous contribution to the success of NZME, and in a release she said her decision to resign was difficult, but it was time to pursue other opportunities.
“I am extremely proud of achieving the transformation goals set for NZME and I have complete confidence in the future of the business. I have worked with an incredible team of people at NZME who are all exceptionally talented and dedicated. I am also delighted to have a strong executive team and to be able to see the successor appointed from within the team will ensure the momentum continues."
APN chief executive Ciaran Davis thanked her for leading the strategy and successful merger and integration program which has transformed the business into an audience‐ centric, content‐driven media and entertainment business.
“Jane successfully led the strategy and merger of NZME, which had never been done before, to result in a fully integrated content and multiplatform media business. This places the business at the cutting edge in delivering media and entertainment content. The integrated content creation and sales proposition, offering clients multi‐platform solutions and creating strong growth in new revenue streams, is delivering commercial success,” Davis said.
Her replacement, Boggs, has held the role of chief financial officer since March last year and has over 30 years of management, financial and commercial experience across the media, telecommunications and insurance industries.
With his understanding of NZME’s businesses combined with leadership and management experience, Davis said he is the “natural successor” to Hastings.
Boggs said: “I am delighted to be continuing the positive momentum Jane has started in transforming NZME into an integrated media powerhouse. I look forward to working with NZME’s management team and staff, together with the APN Board, in realising NZME’s potential.”