APN News & Media, owner of the New Zealand Herald, has announced the appointment of Sir John Anderson as "chairman designate" for a new company that will own the newly re-branded NZME. businesses formerly operated under APN New Zealand branding.
APN NZ, TRN and GrabOne, with publishing, radio, digital and e-commerce assets, were recently re-branded under one overarching NZME. banner.
APN chairman Peter Cosgrove said as part of the ongoing consideration of an initial public offering (IPO), "an approach had been made to Sir John to join the new NZME. Board, subject to confirmation the listing would go ahead."
Anderson, a former chief executive of ANZ Bank and former chair of TVNZ, said he was excited about the prospect of working with NZME. which had "a wonderful collection of high quality brands across print, radio and digital."
"There is a huge platform there for the business to create a fully integrated media and entertainment company," he said.