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“The MediaWorks business is entering an exciting new phase. We are in a strong position to realize the combined power of our market-leading outdoor and radio platforms and to focus on implementing key strategic initiatives to achieve long-term growth. “.
“We believe Cam is the perfect fit to drive this agenda forward for years to come with his proven track record of delivering strong business performance and leading his people to best-in-class results.”
Wallace says there has never been a more exciting time to live and work in New Zealand and he is eager to join the MediaWorks team.
“While it is an industry change for me, the overall goals are the same and I look forward to exploring and capitalizing on growth opportunities in radio and outdoors in the years to come.”
“The most important component of any business is its culture and I am passionate about driving an engaged and motivated workforce with a common purpose. I can’t wait to meet the team and get started.”
Wallace will begin his new role in the New Year.
Last month, MediaWorks confirmed that it had reached an agreement with global entertainment company Discovery Inc on the sale of MediaWorks’ free-to-air television business.
It includes the entertainment channels Three and Bravo, the streaming service ThreeNow and the multiplatform news and current affairs service Newshub, as well as additional channels Three + 1, Bravo + 1, The Edge TV and The Breeze TV.
The separation of the television and radio / out-of-home business parts is expected to be completed before the end of the year.
