Channel Nine chief executive Mike Sneesby announces his shock departure from the network

Nine Entertainment chief executive Mike Sneesby has announced he will step down from his role at the company by the end of the month.

Sneesby will be stepping down both as CEO and a director of the board, with chief financial officer Matt Stanton appointed interim chief executive. 

His departure comes after three-and-a-half years as CEO of the media company. 

Sneesby said it had been a privilege to lead the masthead but that it was time for new leadership in a statement released on Thursday. 

‘I take great pride in the achievements of the Company during my time as CEO and thank the Board, the leadership team and everyone at Nine for their support during my tenure,’ the outgoing CEO said. 

More to come. 

Channel Nine chief executive Mike Sneesby (pictured in 2021) has announced he will step down from his role by the end of the month

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