oOh!media CEO Cathy O’Connor to depart this year
The news: Outdoor media company oOh!media has announced the departure of its managing director and chief executive Cathy O’Connor after more than four years in the role.
The context: O'Connor intends to leave the role in the second half of the calendar year, having joined as CEO in the middle of the Covid pandemic.
oOh!media said the board has begun a process with a global executive search firm to appoint O'Connor's successor.
What they said: "Cathy has decided, and the board has agreed, that the time is right for new leadership to deliver the company’s next multi-year phase of strategy execution and growth," oOh!media chair Tony Faure.
O’Connor commented: "I am incredibly proud of the team’s achievements, including the unrivalled success in attracting new asset contracts which underpin our future growth and the industry-leading margins we delivered in an inflationary environment."
The source: ASX