Business
Sky Network (ASX:SKT) share price falls following significant board change
The Sky Network Television Limited (ASX: SKT) share price is falling lower in morning trade today. This comes after the company announced a replacement for its chief executive. At the time of writing, the Sky share price is down 3.1% to 15.5 cents.
Let’s take a closer look at what happened within the Sky management team.
Executive change
The Sky share price is dropping lower today after its chief executive decided to resign from the company.
Management advised that current Sky chief executive, Mr Martin Stewart, will be departing the company. The reason given was that Mr Stewart wished to return home to Europe and spend more time with family.
Mr Stewart first joined Sky in February 2019, and, according to the company, led the…
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