The head of the Australian Financial Review Group Brett Clegg has left the company and is understood to have been replaced by Sydney Morning Herald editor in chief Sean Aylmer.
Aylmer has been handed the role of group director, business media, having started his career for Fairfax writing on banking and finance in 1997.
Fairfax Media editorial director Gary Linnell filling in for Aylmer until a replacement is appointed to his SMH role.
It is the latest in a series of changes at Fairfax, as the challenged publisher looks to transform its print revenues into the online realms, as audiences migrate between the mediums.
In April Fairfax Metro Media CEO Jack Matthews left the company suddenly, one of a raft of cvhanges which saw head of the New Zealand operation Allen Williams, a move which surpirsed analysts at the time.
Clegg took the role of CEO of the Financial review Group in March 2011, moving back to Fairfax from The Australian after little more than a year, having started out as a cadet at the AFR.
But that role was morphed into the position of group director, business media, in aa restructuring of the company earlier this year, which saw a number of senior positions move around.
In a statement Fairfax Media’s managing director of Australian Publishing Media, Allen Williams, said: "He takes on his new role having had deep experience with business media.
"Sean’s first role was with the business section of the SMH writing on banking and economics. This was followed by a period at The Australian Financial Review (AFR) where he was the economics correspondent in Canberra, then foreign correspondent in New York, banking and finance editor, news editor and managing editor.
"Sean then spent two years as editor in chief of Fairfax’s BRW magazine, taking it back into profitability.