Peter Tonagh, a former CEO of News Corp Australia and of Foxtel, will be the new chair of the Nine Network.
Tonagh, who joined the board in January after being deputy chair of the ABC, takes over from Catherine West.
“It’s an honour to be appointed chair-elect of the Nine board - a great Australian company with a rich heritage and an exciting future," he said.
"On behalf of the board, I thank Catherine for her leadership, guidance, and commitment to Nine, which have been instrumental in positioning the company for sustainable success."
West said it had been a privilege to be part of the leadership for almost 10 years, most recently as chair and deputy chair.
"Nine is part of Australia’s fabric and plays a critical role in preserving our democracy, nurturing our culture and shaping our national identity," she said.
Nine Entertainment lifted revenue 2% to $2.67 billion in the year to June.
West said she was proud to have led the company through a transformational period.
"In FY25, Nine emerged stronger from the acceleration of our company-wide strategic and cultural transformation and by harnessing the power of the Nine Group," she said.
"Nine has a refreshed executive team, a reset operating model and, through the Nine2028 strategy, has positioned the company for growth and the creation of shareholder value.
"The divestment of Domain crystallised significant value for shareholders and with a strengthened balance sheet Nine can focus capital and energy on media assets where it has clear competitive advantages.
“I thank my colleagues on the board for their sound counsel and support. I also wanted to thank and acknowledge our CEO Matt Stanton and recognise his energy, strategic leadership and vision.
"Finally, a thank you to everyone at Nine for their commitment, professionalism, focus on trusted journalism and creativity which combine to make Nine the exceptional company it is.
"Nine has entered FY26 in an enviable position and based on Peter’s extensive experience, he is ideally placed to continue the momentum.”
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