Reports David Gyngell to step down with Hugh Marks the frontrunner to replace him

Nine Entertainment boss David Gyngell appears set to end months of speculation about his future, with the CEO expected to shortly confirm he will step down from the role next year.



Speculation about succession has already begun, with The Australian and the Australian Financial Review both reporting today that Nine director Hugh Marks is the frontrunner to replace him.

However it is understood the process is still ongoing, with a decision expected before the Nine annual meeting on November 17.

Should Gyngell step down as CEO, Mumbrella understands, he is expected to maintain an involvement in the media company, continuing his shareholding and possibly seeking a board position. 

Hugh Marks


Gyngell has fuelled speculation about his future this week failing to attend the annual Nine 2016 Upfronts.

Marks has been a director of Nine since 2013 and is a former CEO of production company Southern Star.

He is also managing partner for talent agency RGM Artists.

Nic Christensen 


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