Bauer Media CEO Matt Stanton steps down

Bauer Media CEO Matt Stanton is leaving the publishing company for a senior role at Woolworths at the end of the year.

Stanton is stepping down from the position of his own accord, telling Mumbrella: “I have had a great six years. I leave the business in a really good shape and I’ve really enjoyed it. The people were fantastic.”

Bauer Media publisher Yvonne Bauer adds, “I would like to give my personal thanks to Matthew for his leadership, professionalism and dedication to integrating Bauer Australia and New Zealand into our group.

“It hasn’t been easy. In fact, it has been a tumultuous two years in which we have experienced unprecedented challenges with the global economy and digital revolution impacting on our business worldwide. During this time we have had to make several difficult decisions including the closure of some of our magazines.”

Stanton will be replaced by David Goodchild in the role of CEO. Goodchild has been the CEO of Bauer in the UK since 2004 and will work across Australia, New Zealand and Hong Kong from January 5.

“I have known David for many years and he is exactly the right person to be leading the company through its next phase of development. David has been with Bauer for 21 years, has immense expertise and [I am] confident that he will continue to develop and grow the business,” says Bauer.

Image: The Australian.