Nine CEO Hugh Marks announces shock resignation on the day his OWN newspaper reveals he is in a relationship with a senior staffer
Nine Entertainment Co boss Hugh Marks has announced his shock resignation after five years working at the top of the media organisation.
Employees were advised by the CEO he had decided to leave the company in an email on Saturday afternoon.
Mr Marks did not detail why he was parting ways with the media organisation but said a formal process to hire his replacement would begin.
‘I want to take this opportunity to tell you what a privilege it has been leading this business over a truly transformational period for both the media market generally, and particularly our business,’ Mr Marks said in the email.
More to come
Nine CEO Hugh Marks (pictured) has announced his shock resignation after five years in the job