Independent News & Media (INM) is seeking the removal of Brett Chenoweth as Director and Chief Executive Officer of APN News & Media, in which INM holds a 28.95 per cent shareholding.
A release issued by INM reported that INM had "lost confidence in Mr Chenoweth's ability to implement the strategic initiatives necessary to reposition APN for the more challenged media landscape that has emerged in Australiasia."
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Independent News & Media publishes newspapers in Ireland, Northern Ireland and South Africa. APN has a portfolio of media asserts across Australia and New Zealand.
MF
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