Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Page 17
Page 18
Page 19
Page 20
Page 21
Page 22
Page 23
Page 24
Page 25
Page 26
Page 27
Page 28
Page 29
Page 30
Page 31
Page 32
Page 33
Page 34
Page 35
Page 36
Page 37
Page 38
Page 39
Page 40
Page 41
Page 42
Page 43
Page 44
Page 45
Page 46
Page 47
Page 48
Page 49
Page 50
Page 51
Page 52
Page 53
Page 54
Page 55
Page 56
Page 57
Page 58
Page 59
Page 60
Page 61
Page 62
Page 63
Page 64
Page 65
Page 66
Page 67
Page 68
Page 69
Page 70
Page 71
Page 72
Page 73
Page 74
Page 75
Page 76
BOARD OF DIRECTORS PETER BUSH NON-EXECUTIVE CHAIRMAN Peter Bush joined the Board in February 2015 as Director and Chairman and is Chairman of the Nomination Committee. Peter has proven leadership strategic and management achievements in executive roles spanning the media FMCG and consumer products sectors. This included senior roles with SC Johnson Reckitt Colman AmpolCaltex and Arnotts and as CEO of AGB McNair and Schwarzkopf. Peter ran his own strategic consultancy business for six years with clients including Qantas Telstra George Patterson Bates John Singleton Advertising and McDonalds Australia. In 2003 Peter became the CEO of McDonalds Australia leaving in April 2010 as its divisional President for Pacific Middle East and Africa. GRANT BLACKLEY CEO AND MANAGING DIRECTOR Grant Blackley joined the Board in June 2015 as Chief Executive Officer and Managing Director. Grants media industry career spans over 30 years during which time he served in numerous senior leadership roles at the TEN Network including as CEO from 2005 to 2010. Throughout this period he also held Directorships at Free TV and Freeview Australia. Prior to becoming CEO Grant served in key roles in network sales digital media and multi-channel program development as well as being responsible for group strategy acquisitions and executive development programs. Prior to joining Southern Cross Austereo Grant was CEO of the Keystone Group former Partner in RGM Artists and Founder of Four Seasons Media. GLEN BOREHAM NON-EXECUTIVE DIRECTOR Glen Boreham joined the Board in September 2014 and is a member of the Remuneration Committee. Glen has had a long and distinguished career at IBM culminating in the role of Chief Executive Officer and Managing Director IBM Australia and New Zealand from 2006 to 2010. Glen has extensive experience in technology but also in traditional and new media through his roles Chairing the Australian Governments Convergence Review of the media industry and being the inaugural Chair of Screen Australia from 2008 to 2014. LEON PASTERNAK NON-EXECUTIVE DEPUTY CHAIRMAN Leon Pasternak joined the Board in September 2005 and is Deputy Chairman of the Board and Chairman of the Remuneration Committee. Leon was the Vice Chairman and Managing Director of Merrill Lynch Markets Australia Pty Ltd a subsidiary of Bank of America with cross sector and product responsibility including responsibility for financial institutions and mergers and acquisitions. He was a partner at Freehills for 25 years now Herbert Smith Freehills a leading global firm of lawyers where he served on the Board and practised in the law of mergers and acquisitions public finance and corporate re-organisations. 8 SOUTHERN CROSS AUSTEREO ANNUAL REPORT 2015