Michael Miller resigns, Ciaran Davis appointed CEO of APN

Michael Miller has resigned as CEO of APN to join News Limited as Executive Chairman.

Ciaran Davis will replace him as CEO of APN. A recruitment process is underway for a new CEO for the Australian Radio Network to replace Davis.

The changes will take place from September 1st.

APN Chairman Peter Cosgrove said: 

“I would like to thank Michael for his significant contribution as CEO of the Company. He has done an excellent job  setting the growth platform for APN and building a strong leadership team. Michael will work side by side with  Ciaran to ensure the smoothest possible transition for the business, and, on behalf of the Board, we wish Michael  all the best in his future endeavours.

“Ciaran’s outstanding leadership and successes at ARN, including taking the Company to be Australia’s number one  metropolitan radio network, made him the natural successor to replace Michael Miller.

“Ciaran’s ability to execute and communicate complex business plans, overlaid with years of international media  experience, means he is ideally placed to build on the strong momentum and growth strategy we have in place.” 

Cosgrove says ARN has “a strong leadership team that has been developed under Ciaran’s stewardship.” Davis will continue to oversee the radio business in Australia while a recruitment process occurs for his successor. 

Ciaran Davis has been appointed initially for a two year term and will be paid $1.2 million, with an additional 50+% bonus if he achieves corporate goals and performance hurdles.

Davis joined ARN in January 2010 from Communicorp Group Ireland, where he spent ten years working in executive roles in the group’s radio and media interests in Europe and the Middle East.
 

 

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