SKT Sky Network Television Limited.

[k14]

“Since joining Sky in February 2019, Martin has led a successful turnaround and the Board acknowledges his significant contribution,” Mr Bowman says.

Geez, would hate to see what the boards criteria is for a poor performance then...

[mistaTea]

Damn, that is bad news no matter how you dress it up.

Let’s just hope that Sky is so advanced on the new path he helped set that the momentum continues.

He was buying shares in Sky up until very recently so this announcement has come as a surprise!

[KJMLimited]

The new CEO has considerable experience in media and in Sky. Martin always seemed like a salesman/marketer/change type CEO which is what SkyTV needed at the time. But that work has been done, so now it needs someone who can just run it sensibly. I don't see this change as a negative one.

[mistaTea]

Sophie does have impressive credentials, and I am sure she is very capable. She has been at the forefront of a lot of the big decisions.

It just isn’t ideal timing when we are right about to launch Sky Broadband etc.

[Alpha]

Some costs savings going on with the reduced Salary.

[Tripp]

Sophie does have impressive credentials, and I am sure she is very capable. She has been at the forefront of a lot of the big decisions.

It just isn’t ideal timing when we are right about to launch Sky Broadband etc.

Sophie is a great person, always willing to listen to people and their ideas etc. A very smart person when it comes to deals etc. I am over the moon that she has been selected for CEO of sky.

[winner69]

Martin no doubt seen the writing on the wall and shoots through

Is Blair stil around - wasted space he his

[clown]

A bit harsh from NZ Herald: Martin Stewart blamed NZ's tough Covid border restrictions for his decision, despite his inability to reverse Sky's long-term share slide.

[Alpha]

I was thinking maybe he was trying to push something radical not just the broadband/mobile. ... ENERGY? Sorry Martin but we are just going to wait for Oggs takeover.

Martin ok then see ya later.

[mistaTea]

No doubt the border restrictions are just part of the decision. He is coming up 2 years, and if you look at his CV it seems he does not stick around too long. Comes in, shakes things up and then gets out.

But he is British and his partner is French. The border restrictions preventing them from spending time with their families is no doubt also taking its toll.