Board chair Jack Matthews has resigned, MediaWorks has announced.
Matthews says: “After nearly five years as chair of MediaWorks, I have decided to resign with immediate effect.
“I am proud of the work we have done at MediaWorks; however, it is clear from the recent culture review completed by Maria Dew QC that there are systemic, longstanding cultural issues that need to be urgently and proactively addressed. Part of that action must include bringing new leadership that can bring a fresh perspective to the challenges we face and address the issues identified in the Maria Dew report.
“I’m confident that in Cam Wallace, MediaWorks has a strong and committed Chief Executive who will be able to drive the changes needed to make MediaWorks the company we all want it to be. I wish the company, and most importantly its dedicated and passionate staff, all the best.”
The MediaWorks board of directors has accepted Matthews’ resignation.
“Jack has been the chair of MediaWorks for nearly five years and inherited the organisation at a time of challenge.
“During his time as chair, Jack has helped bring stability to MediaWorks, overseeing the successful merger with the New Zealand assets of Australian outdoor advertising company QMS and sale of the television arm of the business to Discovery, while maintaining MediaWorks’ position as New Zealand’s commercial radio market leader. We thank Jack for his work and wish him all the best for the future.
“The board is committed to addressing the findings of the review and ensuring MediaWorks builds a strong culture going forward. Work is already underway to address many of the recommendations from the review and existing independent board member Wayne Stevenson will step into the chair position in the interim to oversee this.”