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Sky Network Television (ASX:SKT) - Outgoing Director, Derek Handley - The Market Herald
Outgoing Director, Derek Handley
Source: Stuff.co.nz
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  • Sky Network Television (SKT) has announced company director Derek Handley's resignation from the board
  • Mr Handley has been in the role for seven years, but since returning to New Zealand from the U.S. in 2018, he's chosen to focus more on hands-on projects
  • Chairman Philip Bowman believes Derek has brought a perspective around digital transformation, people and culture to the board
  • Sky plans to appoint a director to replace Mr Handley after reviewing the key skills of a board member
  • Company shares ended the day 1.67 per cent in the red to close at 14.8 cents.

Sky Network Television (SKT) has announced company director, Derek Handley, will step down from the board.

Mr Handley has been in the role for seven years, including as a member of the People and Performance, and Audit Committees.

After living in New York for several years, Derek returned to New Zealand in 2018 and has now chosen to reduce his board and advisory roles to focus on more "hands-on engagements and projects".

"Derek has brought a perspective around digital transformation, people and culture to the board. On behalf of the board and Sky shareholders, I thank him for his contribution and his passion for Sky," Chairman Philip Bowman said.

"Having overcome many challenges towards transformation, Sky is in a great position to deliver on its strategy with Sophie Moloney at the helm of a great team," Derek said.

According to the Chairman, the company is reviewing the necessary skills of a board member and, based on this, will appoint a director to replace Derek.

Company shares ended the day 1.67 per cent in the red to close at 14.8 cents.

SKT by the numbers
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