Corbett named Fairfax chairman

(Tuesday 13 October 2009)

Former Woolworth’s chief executive, Roger Corbett, has been named as Fairfax Media’s new chairman.Mr Corbett will take up his new position after the company’s annual general meeting, at which the current chairman Ron Walker will stand down.

"Fairfax has been a company that for 15 years has been littered with poor management, poor acquisition decisions, and underneath all that it's still got some very important and very valuable mastheads in The Sydney Morning Herald and The Age," he said.

"But the board has to work together with management and management has to work together with the board as one, to take this company forward."

(read the full story at http://www.abc.net.au/news/stories/2009/10/13/2712488.htm?section=australia)

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