Business
Nine loses CFO after family death – Yahoo Finance Australia
Broadcaster Nine Network has lost its chief financial officer Paul Koppelman on the eve of issuing its financial results after the death of a family member.
Nine has lost its chief financial officer, Paul Koppelman, who resigned following the death of a family member.
The broadcaster told the stock exchange his resignation was effective immediately and group financial controller Graeme Cassells would act in the role.
Mr Koppelman was due to present Nine’s full-year results on August 27 with chief executive Hugh Marks.
Nine said preparations for these results were well progressed.
Nine expects earnings before interest, tax, depreciation and amortisation to be in the range of $390 million to $410 million.
In March, Nine withdrew its profit guidance as the advertising market declined amid the coronavirus pandemic.
The broadcaster has since slashed costs and offloaded its interest in Australian Associated Press and New Zealand publisher Stuff.
-
Noosa News15 hours agoPill checking to resume in Queensland months after government axed funding
-
Business18 hours agoWhy Austal, Boss Energy, Harvey Norman, and NextDC shares are charging higher today
-
Business19 hours agoASX shares are expensive. Here’s why you should be buying anyway
-
Noosa News23 hours agoThe Full Trailer for Yorgos Lanthimos’ Emma Stone-Led CEO-Kidnapping Dark Comedy ‘Bugonia’ Is Here