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 News21 hours ago‘Just want to know he’s safe’: Family’s German Shepherd asleep in back of stolen ute
-
Noosa News24 hours agoLogan man Umar Al Enizi cleared of murder after Browns Plains road rage incident in 2021
-
Noosa News21 hours agoDriver acquitted of murder over lengthy road-rage chase
-
Business22 hours agoEverything you need to know about the latest ANZ dividend
