Nine Network boss steps down

The managing director of Australia’s Nine Network is stepping down.

Jeffrey Browne is exiting the broadcaster after seven years, Nine Entertainment CEO David Gyngell announced. He will move to a part-time role as executive director, commercial of Nine Entertainment.

“Jeff’s made the call after seven terrific years at the top of the Network – the time is right for him and he departs the role with Nine in fantastic shape,” Mr Gyngell said.

“I’ll miss him not only as a robust and talented managing director, but the best deal closer in the business, a friend and simply a terrific bloke. He leaves us in a much stronger position than when he came on board, which is a fitting tribute.”

Browne is attributed with playing a major role in recent deals including an agreement to buy affiliate NWS Adelaide.

Browne said it was the right time to move on. “I am gratified I’ve made this decision when Nine is in such a strong position – not only through the re-signing of the crucial sporting rights and related deals, but when our programming is performing better than at any other time since I began here” he said.

“I am also exceptionally proud of the winning culture we have built together and I am confident there are great things ahead for the network. So it’s terrific that I am able to stay in contact with the outstanding team at Nine through this new role which allows me to keep a foot inside the tent.

All of Browne’s direct reports will now go directly to Gyngell.