Macquarie Media CEO Adam Lang Made Redundant In Restructure

Macquarie Media CEO Adam Lang Made Redundant In Restructure
SHARE
THIS



Macquarie Media CEO Adam Lang has been made redundant from his $800,000 a year role.

As first reported in The Daily Telegraph, Lang is expected to leave the radio network and home of 2GB by the end of this week.

In an email sent to staff on Monday, executive chairman Russell Tate revealed Lang’s fate.

He said he had been in discussion with Lang “for some time” about the future opportunities within Macquarie Media, while also signaling that there will be “significant change” in the next few months as Macquarie integrates its operations with Nine.

Nine CEO Hugh Marks is reportedly looking for $11 million in savings as the network merges with Macquarie media.

Tate added in his email that the Macquarie Media CEO role will be made redundant all together. He said he will assume the responsibilities of the CEO until the new structure of the organisation is finalised.

B&T reached out to Lang for comment.

Please login with linkedin to comment

Adam Lang macquarie media

Latest News

Creating Efficiencies in the Age of Consumer Privacy
  • Marketing

Creating Efficiencies in the Age of Consumer Privacy

In this opinion piece, Jess Miles, Country Manager ANZ of Integral Ad Science, reflects on the questions surrounding consumer data. The ability to collect consumer data online has revolutionised digital advertising by enabling customised targeting strategies and data collection. This reliance on data has been the cornerstone of many audience targeted strategies enabling marketers to […]

Opinion

by Kathleen Farmilo

Kathleen Farmilo
Jye Smith Named President Of Vibewire Board
  • Media

Jye Smith Named President Of Vibewire Board

After ten years of board leadership of the young entrepreneurial collective Vibewire, Founder & Co-CEO of Disruptors Co. Gavin Heaton is passing the torch to fellow strategy and creative leader Jye Smith, Founder and Director of branding and design studio DOUBLESTAR CO, who will now take over as Board President.

Australian CDP Lexer Raises $33.5M In Funding
  • Technology

Australian CDP Lexer Raises $33.5M In Funding

Lexer, the Customer Data Platform for brands and retailers, today announced it has raised AU$33.5 million in Series B funding, bringing its total funding to AU$43 million. The round was led by Blackbird Ventures and King River Capital, with Series A investor January Capital also participating. Blackbird’s Rick Baker will join the Lexer board. The […]