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Chris Skelton / Stuff
Cam Wallace left Air New Zealand in late September after a 20-year stint with the airline.
Veteran Air New Zealand executive Cam Wallace has been hired as the new head of MediaWorks.
The former Air New Zealand Chief Commercial and Customer Officer announced his resignation from the national carrier in early September, following a 19-year career with the airline.
He left the airline on September 30 and would continue to provide consulting support to CEO Greg Foran through the end of 2020.
On Thursday, MediaWorks said in a statement that Wallace will take over as CEO of the media company in early 2021.
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Wallace would replace Michael Anderson, who joined the company in 2016 and announced his resignation in July.
In September, it was announced that the American company Discovery Inc would buy the television arm of MediaWorks, including channels Three and Bravo, and the journalism arm Newshub of MediaWorks, along with the streaming service ThreeNow, Three + 1, Bravo + 1. , The Edge TV and The Breeze TV.
MediaWorks, which is majority owned by US investment firm Oaktree, maintained its radio and outdoor advertising business.
Wallace said he was excited about the new role.
“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,” said Wallace.
He said that culture was the most important component of any business, and he was passionate about driving an engaged and motivated workforce with a common purpose.
There has never been a more exciting time to live and work in New Zealand, he said.
In announcing his resignation from Air New Zealand, Wallace said he would focus on career opportunities that would allow him to work on the world stage.
MediaWorks President Jack Matthews said Wallace would bring experience and a new perspective as the business focused on growing its radio and outdoor platforms.
“We believe Cam is the perfect choice 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.”
At Air New Zealand, Wallace was responsible for increasing revenue, opening up new market opportunities, and increasing strategic alliances.
He had about 2,000 employees working under him on a portfolio that included commercial, cargo, marketing, sales, communications, loyalty, alliance, and customer experience.
