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Iron ore heiress Gina Rinehart will become a director of Ten Network Holdings after the television broadcaster’s annual meeting on December 9.

Iron ore heiress Gina Rinehart will become a director of Ten Network Holdings after the television broadcaster’s annual meeting on December 9. Mrs Rinehart’s Hancock Prospecting revealed a 10 per cent stake in the company during the week. Ten executive chairman Nick Falloon said: “The board welcomes Mrs Rinehart’s involvement in the company and is pleased to offer this board seat as a reflection of her interest as a substantial shareholder."

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    Original URL: https://www.afr.com/companies/business-briefs-20101127-j57mz