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APN creates new NZ publishing division ahead of stock listing

Thursday, 27 May 2004
By Print 21 Online Article

The new division, – APN New Zealand National Publishing – will be headed up by Ken Steinke, chief executive of The New Zealand Herald, with Rick Neville as deputy and Sarah Sandley as publisher. Craig Marsh ceo of NZ regional newspapers will relocate to Hawke’s Bay to lead the group from a regional base. The move will not affect the company’s regional newspapers.

Brendan Hopkins, APN chief executive, said the new structure would generate operating efficiencies as well as promote the development of new magazine-based products for distribution in APN newspaper titles. The move comes in anticipation of a listing on New Zealand Exchange [NZX] which is anticipated will occur by mid-June. The move will make APN one of the largest listed companies n New Zealand.

The new National Publishing division will look after

  • The New Zealand Herald the country’s largest circulating daily newspaper
  • The Aucklander a free weekly news magazine
  • The New Zealand Women’s Weekly and
  • New Zealand Listener.

The new division will operate alongside APN’s other four trans-Tasman Divisions: Regional Publishing, Radio, Outdoor Advertising and Commercial Printing.

APN publishes 24 daily and more than 90 non-daily newspapers across Australia and New Zealand.

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