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Mark and Carl Fennessy to remain with Endemol Shine Australia as joint CEOs

MARK AND CARL[2]Endemol Shine Australia has announced brothers Mark and Carl Fennessy will remain with the group, taking on the joint CEO role despite announcing their intention to depart the group last month.

The pair said in a statement: “Since giving notice we have continued to work through a transition, producing our current slate of shows and assisting with a succession plan. Our pride in the local business coupled with a fierce loyalty towards our talented staff was always going to make departing difficult.

“They say a week’s a long time in television – so after further discussion and consideration we’ve decided to accept the opportunity of managing the merged company. We’re genuinely excited about being part of the next chapter for a combined Australian business within Endemol Shine Group.”

At the end of April Endemol CEO Janeen Faithful announced plans to step down from the role when the merger takes place raising questions around the future of the leadership of the soon to be merged Shine Australia and Endemol production houses.

The company refused to be drawn on what the integration will mean for staff, or whether there will be job losses.

Nine’s Perth managing director David Mott had been hotly tipped as the man to take control of the merged group ahead of today’s announcement.

The two production houses are behind some of Australia’s biggest shows including Masterchef, The Voice, Big Brother, Offspring, Married at First Sight, The Bachelor and The Biggest Loser.

Now that leadership has been confirmed the process of integrating Endemol Australia and Shine Australia will now proceed.

Endemol Shine Group CEO Sophie Turner Laing said in a statement:: “I’m absolutely thrilled that Mark and Carl have now decided to stay on to bring together and lead our Australian business and it couldn’t feel more right. We look forward to great future success with them at the helm of Endemol Shine Australia whilst playing a key role internationally.”

Endemol Shine Group CEO international operations Martha Brass said in a statement: “Our conversations with Mark and Carl have been positive throughout, from our early discussions to their decision to take a break and then over the last couple of months as they helped us plan for new leaders for the combined business.

“I’d like to express heartfelt thanks to everyone involved in this process, which has been undertaken with great dedication and has undoubtedly produced the best outcome.”

Miranda Ward

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