News

Bauer Media CEO David Goodchild to return to London, Andreas Schoo named interim CEO

Schoo taking the reins of Bauer from Goodchild

Schoo taking the reins of Bauer from Goodchild on an interim basis

Bauer Media CEO David Goodchild has stepped down from the position to return to London, after a little over a year in the role.

One of Bauer’s most senior global executives Andreas Schoo has been appointed interim CEO of Bauer Media Australia, New Zealand and Hong Kong until a replacement is announced early next year.

Goodchild took on the CEO role in October last year, replacing Matt Stanton who departed for a role with Woolworths.

Schoo said in a statement: “David has done a great job at guiding the business through an ever changing media landscape and I would like to take this opportunity to thank him for his dedication to the Australian / New Zealand business and his ongoing commitment to the broader global Bauer Media Group.

“Locally, Bauer Media is home to some of the most loved brands in Australia / New Zealand, not to mention the best content creators, who deliver award winning, engaging and thought provoking content day in, day out.

“We believe it’s now the right time to place a permanent chief executive at the helm in Sydney to take these brands into the future.”

At the time of Goodchild’s appointment to the CEO position, there was no suggestion by the publishing company that it was not a permanent appointment.

Goodchild is returning to London to focus on his role at H Bauer Publishing, a division of Bauer Media Group he has also been overseeing for the past 12 months.

It follows on from Bauer Media sales boss Tony Kendall departing the company in September when he was named CEO of Australian Radio Network.

The last 12 months has seen the publisher close Zoo Weekly and Top Gear Magazine and sold off a number of titles, including three of its motorcycle titles to Citrus Media. It also lost the contract to publish the Foxtel magazine to Medium Rare.

It is also understood the company is set to wind up its Australian distribution business Network Services Company early next year, with rival distribution Gordon & Gotch to pick up the business.

Bauer Media publishes major magazine titles including: Australian Women’s Weekly, Cosmopolitan, Cleo and Take5.

Miranda Ward 

ADVERTISEMENT

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.