B&TB&TB&T
  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Technology
  • Regulars
    • Agency Scorecards
    • Best of the Best
    • Campaigns of the Month
    • CMO Power List
    • CMOs to Watch
    • Culture Bites
    • Fast 10
    • New Business Winners
    • Spotlight on Sponsors
  • Jobs
  • Awards
    • 30 Under 30
    • B&T Awards
    • Cairns Crocodiles
    • Women In Media
    • Women Leading Tech
Search
Trending topics:
  • Cairns Crocodiles
  • Nine
  • Seven
  • Federal Election
  • Pinterest
  • AFL
  • WPP
  • AI
  • Anthony Albanese
  • NRL
  • EssenceMediaCom
  • Thinkerbell
  • News Corp
  • Channel 10
  • Spotlight on Sponsors
  • State of Origin
  • Cairns Hatchlings
  • TV Ratings
  • Radio Ratings
  • Sports Marketing

  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise
© 2025 B&T. The Misfits Media Company Pty Ltd.
Reading: Gina Rinehart Resigns As A Director Of Ten Network
Share
B&TB&T
Subscribe
Search
  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Technology
  • Regulars
    • Agency Scorecards
    • Best of the Best
    • Campaigns of the Month
    • CMO Power List
    • CMOs to Watch
    • Culture Bites
    • Fast 10
    • New Business Winners
    • Spotlight on Sponsors
  • Jobs
  • Awards
    • 30 Under 30
    • B&T Awards
    • Cairns Crocodiles
    • Women In Media
    • Women Leading Tech
Follow US
  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise
© 2025 B&T. The Misfits Media Company Pty Ltd.
B&T > Media > Gina Rinehart Resigns As A Director Of Ten Network
Media

Gina Rinehart Resigns As A Director Of Ten Network

Staff Writers
Published on: 3rd November 2014 at 10:34 AM
Staff Writers
Share
2 Min Read
MINING & MOOLAH: GINA RINEHART has the largest chunk of Fairfax Media shares and has substantial pull at Ten Network Holdings as well. In May 2012, BRW magazine in Australia listed Rinehart as the world's richest woman with an estimated wealth of $29.17 billion. The billionaire mining heiress is currently ranked 46 in the latest Forbes Magazine rich list with an estimated worth of $19.89 billion.
SHARE

Gina Rinehart had tendered her resignation as a director of the TEN Network effective October 31, 2014.

Rinehart has recommended John Klepec to take her place as a director.

Klepec had increasingly attended board meetings on Rinehart’s behalf, given her expanding responsibilities in the Hancock Prospecting group, in particular, the financing and development of The Roy Hill Project, currently one of the largest construction undertakings in mainland Australia. Rinehart said she enjoyed working with the management of TEN and wished the board and its staff all the best.

In accepting her resignation, TEN’s executive chairman and managing director, Hamish McLennan, warmly thanked Rinehart for her contribution and support as a director of the company since December 2010 and acknowledged her continued support and ongoing active interest as a substantial shareholder. McLennan said: “It has been a very great pleasure working with Mrs Rinehart and I have appreciated her commitment and our discussions. I look forward to her ongoing involvement.”

The company also announced that John Klepec has been appointed as a director following the resignation of Rinehart. Klepec joins the Board as a nominee of Hanrine Investments Pty Limited.

Klepec is the chief development officer for Hancock Prospecting Pty Ltd (since 2009) and has also been Rinehart’s alternate director on the TEN Board since October 16, 2013.

McLennan welcomed the appointment of Klepec, as the representative of Hancock Prospecting.

“John has a wealth of experience in the business development area, having served with BHP Billiton Limited, Mayne Group Limited and the BGC Group, prior to his current appointment with Hancock Prospecting,” said McLennan.

“We welcome John to the board and see his appointment as a director of the Board of TEN as providing continuity following his role as an alternate director for Mrs Rinehart at TEN.”

Join more than 30,000 advertising industry experts
Get all the latest advertising and media news direct to your inbox from B&T.

No related posts.

TAGGED: Chrysler, TV
Share
Staff Writers
By Staff Writers
Follow:
Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

Latest News

TV Ratings (12/6/2025): 1.4 Million People Viewed The Western Bulldogs Kicking Its Way Into The Top Eight
13/06/2025
WARC Downgrades Global Ad Spend Forecast Amid “Trade Tensions” & Uncertain Tech Market
13/06/2025
Marketers Call For Measurement ‘Parity’ In Video, But One Buyer Warns ‘Be Careful What You Wish For’
13/06/2025
Meta Cracks Down On Nudify Apps & Sues Hong Kong Developer Behind CrushAI
13/06/2025
//

B&T is Australia’s leading news publication magazine for the advertising, marketing, media and PR industries.

 

B&T is owned by parent company The Misfits Media Company Pty Ltd.

About B&T

  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise

Top Categories

  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Opinion
  • Technology
  • TV Ratings

Sign Up for Our Newsletter



B&TB&T
Follow US
© 2025 B&T. The Misfits Media Company Pty Ltd. All Rights Reserved.
Welcome Back!

Sign in to your account

Register Lost your password?