Money Vodafone chief financial officer James Marsh heads to new Foxtel role
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Vodafone Hutchison Australia’s chief financial officer James Marsh is moving to News Corp’s newly merged Foxtel/Fox Sports, after almost two decades at the global telecommunications company.
Mr Marsh joined Vodafone in 2013, after working at Vodafone New Zealand from 2006 onwards, and will be chief financial officer at Foxtel from August. He has been involved with Vodafone since 2000.
Vodafone chief executive officer Iñaki Berroeta described Mr Marsh as a “key member” of the leadership team in a statement on Tuesday morning.
NBA Finals 2018: How To Watch In Australia Live, Online And Free
LeBron James has put an entire team of spineless pea-hearts on his ever-burdened back to drag the Cleveland Cavaliers to this year's NBA Finals where the universe-controlling Golden State Warriors and their <g class="gr_ gr_4 gr-alert gr_spell gr_inline_cards gr_run_anim ContextualSpelling ins-del multiReplace" data-gr-id="4" id="4">Monstars</g>-like starting line-up wait. We had both the East and West Conference Finals go to 7 Games, which hasn't happened since 1979 when the competition looked markedly different.
“He has contributed to major strategic moves, including our market-challenging products such as $5 Roaming, our worry-free plans and the launch of Vodafone NBN,” Mr Berroeta said.
Vodafone has started looking for a new chief financial officer to replace Mr Marsh.
Foxtel chief executive Patrick Delany said Mr Marsh's "knowledge of the telecommunications landscape combined with his astute financial leadership and vision will ensure we transform our company for future success."
In a statement, Mr Marsh said he was “proud” of his five years with Vodafone Australia, saying he was “confident the company will continue to go from strength to strength”.
Reds search for new CEO as Barker resigns
The Queensland Reds are looking to appoint a new chief executive following the resignation of Richard Barker due to family reasons. Queensland Rugby Union chief executive Richard Barker has stepped down from his post due to family reasons.The announcement was made by QRU chairman Jeff Miller on Monday but it has been weeks in the planning as Barker needs more time to devote to wife Tracey who is battling breast cancer. Miller, who has already been overseas scouting potential replacements, said chief operating officer David Hanham would take over as interim chief executive in the meantime.
He said he hoped to help "drive customer satisfaction, revenues and total company performance".
In the last few years, Vodafone has bolstered its presence in video content, including striking a deal with video streaming provider Stan in 2015 to drive subscriber growth. Stan is a joint venture between Nine Entertainment Co and Fairfax Media (owner of the Sydney Morning Herald and The Age).
At the time, Mr Marsh described the deal as “resonating very strongly with our customers”.
The shrinking margins of providing traditional telco services has seen a move into other value-adds for customers. In particular, telcos have rapidly moved into providing content, with Telstra and Optus both securing additional digital rights to exclusive sports content in May, as competitive tensions push phone and internet providers to differentiate themselves to new and existing subscribers.
Telstra recently sub-licensed the digital rights for Football Federation of Australia games from Foxtel until 2023. Optus re-secured the English Premier League, as well as the FIFA World Cup.
Foxtel/Fox Sports, which is 35
Ingham's chief executive to step down .
The chief executive of poultry producer Ingham's has announced he will leave the company later this year.Mr McMahon will step down after the release of Ingham's full-year results in August, and will be replaced on an interim basis by chief commercial officer Quinton Hildebrand while the firm considers internal and external candidates.
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