Industry Moves: Fairfax Media; Generations Network; DivX; Monster; CNBC


Fairfax Media: CEO David Kirk, abruptly left the company yesterday following a period of turmoil and redundancies at Australia’s largest newspaper group, according to Reuters and Deputy CEO Brian McCarthy has taken the chief exec job on an interim basis but Fairfax is keeping quiet on the reasons behind Kirk’s exit or whether McCarthy will take charge on a permanent basis, saying only that the board will meet on Wednesday to discuss it. More on PCUK

Generations Network: Howard Hochhauser, the CFO of *Martha Stewart Living Omnimedia*, is leaving his post after nine years to join The Generations Network, parent of genealogy site, Reuters reports. Allison Jacques, MSLO’s controller, will take on Hochhauser’s duties until a new CFO is named.

DivX: In another c-level departure, Markus Moenig, DivX’s CTO and SVP has resigned from his posts just 10 months after accepting them. He plans to return overseas and pursue entrepreneurial opportunities. Meanwhile, the companys VP-engineering, Jim Reesman will lead global engineering organization. Release.

Monster: The parent has appointed T.L. McCreary as president of and VP of *Monster Worldwide*. McCreary spent 27 years in the military, having retired in 2006 as a Rear Admiral. Most recently, he held communication director positions with the U.S. Special Operations Command and the National Counterterrorism Center. Earlier, he was a special assistant to the Chairman of the Joint Chiefs of Staff at the Pentagon when it was attacked on 9/11. Release.

CNBC: In addition to NBCU’s roughly 500 layoffs, Josh Howard, VP of CNBC’S long-form unit has opted not to renew his contract, which expires next week, reports Broadcasting & Cable. Howard joined the company three years ago, having come from *CBS* News. CNBC’s long form unit has already been downsized, thanks to last summer’s closure of newsmagazine Business Nation, and may face even more cutbacks as its parent aims to trim $500 million across the board.

Comments are closed.