Sky Announces Strengthened Executive Leadership Team
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
26 November 2021
Sky announces strengthened Executive Leadership Team
Chief Executive Sophie Moloney has made a number of appointments to her Executive Leadership
Team, bringing together a group of talented individuals to help continue the transformation of the
business and to achieve sustainable growth for Sky and its shareholders.
The new Executive Leadership Team is:
‐ Sophie Moloney, Chief Executive
1
.
‐ Tom Gordon, Chief Financial Officer. As previously advised, Tom will join Sky on 15 December.
Tom has extensive strategic and operational finance experience, as well as strong knowledge of
the telecommunications and media sectors, and was previously Head of Finance and Interim CFO
for Vodafone New Zealand.
‐ Jonathon Errington, Chief Content and Commercial Officer; an expansion of Jonny’s current role
leading across Sky’s content and partnership strategies, ensuring Sky secures and creates the
content that matters to our customers. Jonny will be responsible for core content origination
and acquisition based on insights, in addition to driving Sky’s new business initiatives and non‐
subscription revenues.
‐ Antony Welton, Chief Operations and People Officer. Antony is a highly skilled executive with
extensive experience in operations, people and strategy, including a number of years with
Vodafone New Zealand. Antony will join Sky in early 2022, with a key focus on continuing to
transform Sky’s ways of working and empowering our people to do their best work.
‐ Daniel Kelly, Chief Customer Officer. Dan joined Sky in 2020 as the inaugural Head of Sky
Broadband and has also led the Sky Box Priority Team. A skilled people and projects leader with
a relentless focus on the customer, Dan is responsible for the customer growth strategy,
customer propositions and personalisation, and leading the teams delivering Sky Box, Neon, Sky
Sport Now and Sky Broadband to our consumer and business customers.
‐ Chris Major, Chief Corporate Affairs Officer. Chris has been at Sky since 2013 as Director of
External Affairs, and takes on an expanded brief across Sky’s communications, publicity,
Government relations, legal and regulatory, CSR and key stakeholder engagement.
‐ Jason Foden, Chief Digital and Innovation Officer (acting). Jason is an experienced senior leader
with a background in the telecommunications and media sectors. He is driving Sky’s technology
roadmap and ensuring a centre of excellence for the development of Sky’s products and
experiences, working closely with Director of Technology Prabhu Singh.
1
Sky considers that the “senior managers” for the purposes of the NZX Listing Rules and Financial
Markets Conduct Act 2013 are the CEO and the CFO.
2
More updates and details of the Executive Leadership Team are included in today’s Investor
Newsletter, included with this release and available on Sky’s website at:
https://www.sky.co.nz/investor‐centre/nzx‐asx‐announcements
ENDS
Authorised by Sophie Moloney, Chief Executive Officer
Queries may be directed to:
James Bishop
Company Secretary
P: +64 21 630 635
E: james.bishop@sky.co.nz
---
Investor Update
November 2021
Dear shareholders
There have been a number of positive
developments at Sky this week, and I wanted to
take the opportunity to share them with you.
I am conscious that our communication with you,
our owners, tends to be formal and at set times
of the year, and I hope this, our first newsletter,
will prove to be a useful way to share a few
other matters that may be of interest to you.
As always, I welcome your feedback, and you
can contact me at sophie@sky.co.nz
Executive leadership
The first news is that I have made some appointments to
my Executive Leadership Team (ELT) this week, bringing
together a group of talented individuals who will help to
lead our business as we continue our journey to transform
Sky and achieve sustainable growth.
The Executive team is:
Alongside the ELT are key individuals like Prabhu Singh (Director of Technology) and James Bishop (Company Secretary
and Corporate Projects lead) who bring specialist skills and expertise to the leadership of Sky.
I am invigorated by the talent and determination of our people, and pleased to welcome the new leaders to our team.
I look forward to finding opportunities to introduce them to you at future investor events.
Tom Gordon
Chief Financial Officer
Jonathon Errington
Chief Content & Commercial Officer
Daniel Kelly
Chief Customer Officer
Chris Major
Chief Corporate Affairs Officer
Jason Foden
Chief Digital and Innovation Officer
(on an acting basis)
Antony Welton
Chief Operations and People Officer
Sky Rewards
I mentioned in my Chief Executive’s Address at the ASM that
we are committed to delivering a programme to reward the
loyalty of our Sky Box customers, some of whom have been
with us for more than 30 years.
I was delighted to write to our Sky Box customers this week to
let them know that we have launched Sky Rewards, with their
first reward available in December.
Consistent with our emphasis on using customer insights
to guide decision-making, our team developed Sky Rewards
with our Sky Nation panel (comprising over 25,000 customers),
and the programme we have launched this week reflects their
iterative feedback.
Most importantly, it is easy to use, requires little effort from
customers to access rewards, and offers rewards that they
genuinely value (such as a channel unlock and credits for pay
per view movies of their choice), without significant financial
cost to the company.
In the coming months other rewards will be offered, including
sports tickets, “money-can’t-buy” experiences, and further
channel unlocks and movies.
https://www.sky.co.nz/skyrewards
New Sky Box
We continue to make good progress on the development
of our new hybrid Sky Box, and are on target to deliver it
to Sky customers in the middle of the 2022 calendar year.
Consistent with our customer-led approach, we are currently
testing a number of features and marketing propositions with
our Sky Nation customer panel, and I look forward to sharing
more details at the Interims.
International recognition for
Sky Originals production
In closing, as I write this update, I have been thrilled to
receive the news that one of our Sky Originals productions,
INSiDE, has won the International Emmy® Award for Best
Short-Form Series.
The series was made with the support of NZ on Air,
with skilled production by the team at Luminous Beast
and talented oversight by our Sky Originals commissioners
Annie Murray and Dana Youngman.
It’s great to have this international acknowledgement of a
Sky Originals production, and we congratulate the producers,
as well as our team especially for the Kiwi-ingenuity that
went into producing a show in a Covid lockdown on a
shoestring budget!
Thank you for your interest in and support for
our business. I look forward to sharing more
information in December.
Ngā mihi nui (with warm regards),
Sophie
Assessing our operating costs
I also noted in my ASM remarks that we have a firm focus
on permanently reducing our operating costs. With expert
guidance from former Foxtel CFO James Marsh, working
alongside our Commercial Finance team, we are conducting
a rigorous exercise to challenge both the way we operate our
business and every cost, including capital expenditure,
in our financial statements.
I have been clear in my expectation that we must reduce
our operating costs in a permanent and sustainable way,
without compromising our focus on meeting the needs of
our customers or our revenue lines. The work is progressing
very well, and we expect to complete the exercise, including
a clear action plan, in early December.
Our sale of the Mt Wellington property,
and capital management options
We continue to progress the sale of our properties in
Panorama Road, and anticipate being in a position to
update the market in December on this and the impact
of the operating cost review.
As mentioned in the Chair’s Address at the ASM, several
shareholders have asked for more clarity on the Board’s
strategy for capital management, including the possibility of
reinstating regular dividends or a possible share buy-back.
The Board is committed to recycling capital to reinvest in areas
of the business that create the most value for our customers
and, ultimately, our shareholders. Subject to satisfactory
completion of the property sale process, the Board will finalise
a capital management strategy and provide details of this at
the Interim Results in February 2022.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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