Southern Cross Austereo chief executive Grant Blackley says cost-cutting and an emergency capital raising early in the COVID-19 pandemic will serve the radio and regional television broadcaster well when the health crisis ends.
The company announced on Thursday that long-time chairman Peter Bush would retire at this year's annual general meeting. Mr Bush, a former chairman of Nine, owner of The Australian Financial Review, joined the Southern Cross board in 2015.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
