Beleaguered TVNZ chief executive Ian Fraser has quit the state broadcaster, saying he has "lost confidence" in his politically-appointed board.
Mr Fraser, who has been at the helm of TVNZ through three and half stormy years, offered his resignation following a board meeting on Friday.
TVNZ bosses had been set to meet him tomorrow to persuade him to change his mind, it was reported earlier.
However, Mr Fraser released a statement today confirming he had told the chairman of his intention to resign.
"The situation facing me at the end of last week was one that would have prompted any chief executive in my shoes to walk away," he said.
"I should make it clear that this is not about the TVNZ board losing confidence in its chief executive.
"The chairman of the company has reinforced this in his statement to the weekend newspapers.
"It's about the fact that I have lost confidence in my board."
Mr Fraser's resignation comes after months of speculation that he and head of news Bill Ralston could be on the way out because of mounting concern over TVNZ's falling news ratings and the departure of top presenters like Paul Holmes and Judy Bailey.
He said the TVNZ was not a commercial board, but politically appointed, which made it "even more critical" that it did not intefer in the day-to-day running of the company -- particularly news and current affairs.
"The team at TVNZ is strong and competent and committed to the company's success both in delivering the charter and a healthy bottom line.
"I've loved working with them. And I've loved the job."
He said he was "ready and willing" to stay at the helm of TVNZ while transitional arrangements were put in place.
But this was up to chairman Craig Boyce: "That's his call."
Mr Boyce said the board had accepted "with regret" Mr Fraser's resignation.
"I would like to thank Ian for his considerable efforts over nearly four years, during a time of significant challenge and change," Mr Boyce said.
"With his extensive background in broadcasting, Ian brought a unique set of skills to the job.
"His ability to articulate his vision and to manage change within the company has helped provide the foundation for TVNZ's future."
Mr Boyce said there will be continuing discussions with Mr Fraser over the next few days about a departure date and a process of "orderly transition" to a new chief executive.
"I accept his resignation with considerable regret but I respect his wishes in this matter and will be making no further comment on it."
He said he had "every confidence" in the ability of senior management and staff to deliver on TVNZ's future strategy.
- NZPA
TVNZ chief resigns, cites political interference
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