Castle resigns from APN

Castle resigns from APN
Replacement yet to be picked for the CFO, who is currently interim CEO

Wayne Castle has resigned from APN Outdoor, following 15 years at the company, and six years on the board.

The resignation was effective as of yesterday, though the company notes he will be available as required over the next three months.

David Watkins, general manager Finance, will be acting CFO and company secretary while the company searches for a successor.

Castle was also the interim CEO, holding the position following Richard Herring’s resignation until Herrings successor, James Warburton, starts on January 22. Andrew Hines, chief operating officer, will be leading the company until then.

APN says, “The board thanks Wayne for his significant contribution since joining APN News and MEdia in 2003 and subsequently becoming the CFO of APN Outdoor in 2012. The board specifically notes the important role Wayne played in the successful transition of the company from private equity ownership and through an IPO in 2014.

Doug Flynn, chairman, APN Outdoor, says, “We thank Wayne for his commitment and drive during his time as CFO of APN Outdoor and we wish him well in his future endeavours.”

APN is one of the major outdoor businesses, booking work worth almost $1bn in the last financial year. It uses multiple printers for work, and owns its own printer, GSP.

Source: Australian Printer

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