Air New Zealand’s former chief commercial and customer officer has been appointed chief executive of MediaWorks.
Wallace is to take over from current boss Michael Anderson, who was planning to leave at the end of the year.
Wallace left Air New Zealand on 30 September after 19 years with the airline but was to provide consultancy support to chief executive Greg Foran until the end of 2020.
The airline was not immediately looking to fill Wallace’s vacant role with Foran taking responsibility for the commercial and customer functions.
MediaWorks chair Jack Matthews told the company’s Newshub service that it was entering an “exciting new phase” with global entertainment giant Discovery Inc purchasing the free-to-air TV division of the media company.
“We are in a strong position to realise the combined power of our market-leading radio and outdoor platforms and to focus on implementing key strategic initiatives to deliver long-term growth,” he said.
“We believe that Cam is the perfect fit for driving this agenda over the coming years with his proven record in delivering strong commercial performance and leading his people to best-in-class results.”
Wallace told Newshub he was looking forward to joining Auckland-based MediaWorks.
“While it’s a change in industry for me, the overarching objectives are the same and I look forward to exploring and capitalising on the growth opportunities across radio and outdoor over the coming years,” he said.
“The most important component of any business is its culture and I’m passionate about driving an engaged and motivated workforce with a common purpose, I can’t wait to meet the team and get started.”
Wallace was expected to start at MediaWorks in the New Year.
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