Sneesby appoints Martin Kugeler as permanent CEO of Stan

Nine Entertainment Co. CEO Mike Sneesby has appointed Martin Kugeler his successor in leading subscription streaming service, Stan.

Kugeler has been acting CEO for Stan since Sneesby stepped into the company role in March last year. The appointment is effective immediately.

The news was first reported this morning in the Australian Financial Review, the masthead also owned by Nine.

Sneesby commented: “As part of the team that planned, built and launched Stan back in 2015, Martin has been instrumental in developing the company’s strategy and shaping the business we have today.”

“Under his leadership, Stan has continued to grow and develop its unique position in the market. The team at Stan have a significant opportunity in front of them as they continue to pioneer the future of the Australian television landscape, and I’m glad to be able to confirm Martin as the CEO to lead the team on that journey.”

Kugeler added: “Stan is the business I love and that I’ve built together with Mike and the team for over seven years. The people who bring Stan to life are outstanding and extremely passionate. I look forward to the opportunity to continue to lead the team through our next phase of growth.”

“I want to thank Mike for all his support and guidance over the time we’ve worked together. It has been a fantastic journey to create and establish the leading local SVOD service in Australia.”

Kugeler has been at Stan for seven years, previously as chief financial officer and director of strategy, sport, business development and product, before spending the last year in his current position.

Last week Stan Sport secured further broadcast rights, with a multi-year exclusive partnership with the Professional Fighters League (PFL), the MMA organisation featuring household names such as former UFC champions Anthony Pettis and Fabricio Werdum and Claressa Shields.

Stan is currently airing the knock-out stages of the UEFA Champions League, after winning the rights to broadcast the European football competition last year. 

More to come…


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