News Corp nabs Foxtel's Peter Tonagh for COO job

By AdNews | 22 August 2013
News Corp chief operating officer Peter Tonagh.

The changes have continued at News Corp with the media company's new boss Julian Clarke appointing Foxtel's Peter Tonagh as chief operating officer.

Tonagh joins from within the News Corp family where he was previously chief operating officer and chief financial officer of Foxtel. News owns 50% of Foxtel. Tonagh had been at the pay TV operator for nine years.

Tonagh's appointment comes two weeks after former Herald and Weekly Times executive Julian Clarke was hired to replace Kim Williams.

“Peter is an outstanding media executive who over the last decade has been critical in driving the growth and success of Foxtel,” said Clarke. “In his position as COO he will be responsible for helping drive the business to its next stage of growth.

“Peter has a proven track record in strategy and financial management and will be an important addition to our senior management team. He will also be a key interface with our related companies, Foxtel, Fox Sports and the REA Group.”

Foxtel chief executive Richard Freudenstein said: “Peter Tonagh has made a great contribution to Foxtel over nine years and we will be very sorry to lose him. He has been a key member of the executive team responsible for driving many of Foxtel's achievements.”

News' last chief operating officer was Peter Macourt, who left the organisation at the end of 2011.

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