July 30, 2012
APN News & Media, publishers of the South Burnett Times newspaper, today announced the appointment of Peter Hunt as Chairman of the Board following the resignation of Gavin O’Reilly in April.
The appointment will take effect on September 3.
Mr Hunt is the founder of Greenhill Caliburn, a corporate advisory firm which is now part of the global Greenhill advisory group.
An APN statement said Mr Hunt was Joint Chief Executive and the Executive Chairman of Caliburn from its establishment in May 1999 through to its sale to Greenhill in April 2010. He has spent nearly 30 years advising local and multinational companies and governments in Australia at the highest levels.
“Major advisory roles include advising the Federal Government on the combined sale and transfer to the Future Fund of its 51 per cent shareholding of Telstra and on the business plan for the build out of the National Broadband Network; Westpac Banking Corporation on its merger with St George; and AMP on its demerger into AMP and HHG along with the associated equity raisings,” the APN statement said.
Mr Hunt said he was delighted to have the opportunity to join APN during a period of “important business transformation and growth”.
“It is both an exciting and challenging time to be involved in a diverse media company like APN, and I look forward to working with my fellow Board members, (CEO) Brett (Chenoweth) and his senior management team to execute on its strategic goals,” he said.
Deputy Chairman Mr Ted Harris said the Board’s decision to appoint Mr Hunt follows an extensive and rigorous search process to find an independent chairman with the right blend of corporate experience and Board leadership skills.
“Peter is the ideal Chairman for APN’s next phase of growth. His expertise in successfully guiding companies through complex change is outstanding,” Mr Harris said.
