Weldon resigns

reports:

Today the Board has announced that has resigned from his position as CEO.

The Board has accepted Mark's and respects his decision.  

Mark Weldon commented: “I wish to share the news that, last night, I notified the MediaWorks Board of my resignation from my role as CEO.

 

This is not a huge surprise. There was such obvious internal discontent that it seemed obvious either Weldon would go, or more staff would leave.

Mediaworks staff may find a different CEO won't result in better outcomes for them. and media companies face a very challenging and declining revenue.

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