Sky TV ex-CEO John Fellet has resigned from the company's board.
Fellet worked for the company for 28 years before leaving the company in Februrary 2019. Martin Stewart was announced as the new CEO, while Fellet remained on the board.
- Sky TV posts $240m loss
- Sport becomes cheaper to watch as Sky TV slashes prices
- Sky TV accused of trying to censor the internet
Sky announced on Thursday Fellet is now leaving after a brief transition period.
"After a period of transition, during which I have been grateful for John's advice and support in his capacity as a board member, John has decided to step down from the Sky Board," Stewart said.
"John will continue to be available to me and the leadership team to support us. We are grateful for his outstanding service to Sky, and he will always be remembered for his passion and commitment to this business."
Sky board chairman Peter Macourt credited Fellet with leading the business through a huge period of growth.
"John's leadership of Sky saw the business transform from three channels and 125 employees to a multi-platform, highly profitable company with over 1200 staff serving more than 750,000 New Zealand homes.
"The innovations that John brought to Sky have revolutionised the way New Zealanders view television, and he leaves a significant legacy.
"The Board and I are grateful that John gave us many months' notice of his intention to retire, and was willing to stay involved in the company in order to ensure a positive transition process for Martin as the new CEO."
NZME reports Sky has seen several former leaders leave recently.
Macourt has reportedly said he plans to leave the board once his replacement is ready, while head of sport Richard Last left abruptly in February and CFO Jason Hollingworth is also leaving.
Newshub.
