Sharb Fajarmi Scotches Rumours He’s Headed To Fairfax

Sharb Fajarmi Scotches Rumours He’s Headed To Fairfax

News Corp’s outgoing chief commercial officer Sharb Farjami (pictured above) has dismissed industry speculation that he’s been poached by arch-rival Fairfax Media.

Farjami’s departure was announced yesterday by News Corp in a carefully worded statement to media. B&T spoke to Farjarmi who was coy on his future plans but dismissed the rumour he was headed over to Fairfax out of hand.

Farjarmi has also been linked to a senior role with media agency OMD.

There had been speculation that Farjami was being groomed to take over from incumbent Fairfax CEO Greg Hywood who has been in the job for over five years and is said to be eyeing the exits.

Hywood has managed the Fairfax business through particularly tumultuous times that has included large staff redundancies, plummeting ad revenues and speculation the weekday print editions of its mastheads The Age and The Sydney Morning Herald were to be axed.

In May, following more redundancies, Fairfax journalists passed a vote of no confidence in Hywood describing him as “overpaid and underperforming”.

B&T also contacted Fairfax for comment, however, it is in a media blackout prior to the announcement of its end of financials next week.

It is understood that Farjarmi’s departure from News was amicable and he is still employed at the business.

In yesterday’s announcement of his departure, News Corp Australasia’s chairman Michael Miller said: “I am disappointed to be losing a colleague of Sharb’s talent but I respect his decision.

“I would like to thank him for the contribution he has made to our business and for the leadership he has shown and I am pleased Sharb has committed to help us deliver our optimal sales structure for the future. The media and marketing worlds continue to fragment and become more complex and it is this dynamic that is driving the need to develop the structure and services that best meet our clients’ needs.”




Latest News

Cosmo Returns To Australia!
  • Media

Cosmo Returns To Australia!

Ever get the feeling we've weirdly warped back to 1988 at the moment? Confirm it with the relaunch of Cosmo in print.

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]