Val Morgan’s Damian Keogh has been appointed as chief executive of the Hoyts Group, following the retirement of Delfin Fernandez.
Keogh (pictured) has been chief executive of Val Morgan since July 2011. Prior to joining the cinema and outdoor advertising company, he was national sales director at MCN for seven years.
Fernandez is remaining as a director of the Hoyts Group.
David Kirk, chairman of Hoyts Group, said: “Damian has demonstrated outstanding leadership at Val Morgan over the last two-and-a-half years. He has grown cinema advertising by more than 20% in each of the last two years and led the investment strategy for Val Morgan Retail, which has grown over 60% in the past two years.”
Simon Pillar, managing director of Pacific Equity Partners, the private equity firm that advises funds that own the Hoyts Group, added: “Delfin has done an excellent job for Hoyts during his time as chief executive and in recent months he has worked with Damian to increase his understanding of the exhibition business. We are very grateful to Delfin and wish him every success in the future.”
Keogh said: “I very much look forward to taking up the role. Hoyts is an iconic Australian brand and I am excited about the opportunities in the filmed entertainment business generally.”
And Fernandez said: “I’ve been privileged to lead Australia’s most prominent and successful cinema entertainment business. After almost nine years it’s time to move on and transfer Hoyts to a new generation of leadership.”
Fernandez will continue to work with Keogh on a smooth transition of his role before he departs at the end of March.