Nova names Lucy Formosa Morgan commercial operations officer to replace Michael Duncan
Nova Entertainment has appointed Lucy Formosa Morgan to the newly-created role of commercial operations director, and will commence in the new role on 10 February.
Nova’s commercial operations officer, Lucy Formosa Morgan (pictured)
Bringing over 20 years of media agency experience, Formosa Morgan will be responsible for optimising Nova’s commercial inventory, trading, pricing, airtime and data analysis. In line with Nova Entertainment’s digital audio ambitions, she will work closely with Nova’s senior management across sales, create, digital, finance and technology to help define and deliver strategic growth.
Most recently Formosa Morgan spent over 10 years with PHD initially as chief investment officer, being brought in to build and grow PHD’s investment offering, before being promoted to national managing director in January 2020. She previously was head of TV for OMD Media Direction for over four-and-a-half years.
Formosa Morgan will replace Michael Duncan, a media and radio professional. Duncan played an integral role in Nova’s commercial success over the past 15 years as well as making significant contributions to the Commercial Radio Australia (CRA) Board, and research and reporting committees, as well as playing a critical role in the evolution of radio and reporting in Australia. Duncan will retire after an impressive four decades in the media across audio, agency and research industries.
Last week, Nova promoted group sales manager Rhys Mugdan to a new position as Sydney agency sales director, in a move that will see him report directly to Nova’s group commercial director Luke Minto and Adam Johnson as chief growth officer.
Nova Entertainment’s CEO Peter Charlton spoke to the opportunity that Formosa Morgan’s appointment will provide the business: “As we continue to invest in our people to drive our growth strategy, Lucy is a natural fit for the business. Having worked with her on the agency side for many years, Lucy has an impressive reputation with an outstanding track record of innovation and transformation. We are excited to have her join the team as we continue to develop and deliver on our customers’ audio ambitions.”
Formosa Morgan said, “It’s a dynamic time for the audio industry and Nova has an ambitious growth trajectory for the business which I’m very excited to be a part of. Having worked on the agency side for over two decades, I’m looking forward to bringing a different perspective and insights to the team to help drive stronger partnerships and engagement between our clients and ultimately their consumers.”
On Duncan’s retirement, Charlton added, “Michael has played a pivotal role in Nova’s success over the past fifteen years, as well as contributing to the wider growth of the audio sector. He will be greatly missed by the entire team, and we wish Michael a happy and healthy retirement.”
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topics
Commercial Radio Australia
CRA
Lucy Formosa Morgan
Michael Duncan
Nova
Nova Entertainment
Peter Charlton
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