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Sky’s CFO to move into new advisory position

Director Departure3 September 2020SKTCommunication Services

Sky New Zealand
PO Box 9059

Newmarket

Auckland 1149

New Zealand


10 Panorama Road

Mt Wellington

Auckland 1060

New Zealand


T. +64 9 579 9999


sky.co.nz





4 September 2020


Sky’s Chief Financial Officer to move into new advisory position


Sky Network Television Limited’s CFO Blair Woodbury will become Strategic Advisor to the Chief

Executive from 18 September 2020, following the release of the company’s Full Year Results on 10

September.


Mr Woodbury joined Sky in June 2019 with broad experience in strategic consulting, including at

McKinsey and Company, and business transformation projects at NZ Post and Telecom/Spark. Mr

Woodbury has made a significant contribution as CFO in the last year, including as a key player in the

$157m capital raise in May, renegotiating Sky’s $200m Banking Facility and navigating the complex

financial issues arising from COVID-19 and Sky’s transformation. Sky has benefitted from Mr

Woodbury’s strategic thinking, his wide networks across New Zealand business, and his ability to

look beyond the short term and capitalise on opportunities.


The new advisory role will enable Mr Woodbury to free up time from core CFO work and draw on his

strategic skills to assist Sky to deliver on its ambitious growth agenda in FY21.


Recruitment for a new CFO will commence this month. The leaders of Sky’s Finance and Commercial

Finance teams will report directly to CEO Martin Stewart until a new CFO joins Sky.


Mr Stewart has expressed his thanks to Mr Woodbury for his hard work as CFO, and says he looks

forward to Mr Woodbury’s next contribution to the success of Sky.



ENDS


Authorised by: Sophie Moloney, Company Secretary


For further information, please contact:

Sophie Moloney

Chief Commercial Officer and Company Secretary

(09) 579 9999

sophie.moloney@sky.co.nz

Chris Major

Director of External Affairs

(029) 917 6127

chris.major@sky.co.nz

Investors can also submit queries to: investorrelations@sky.co.nz

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