Fairfax appoints Domain CEO
The appointment has prompted speculation Fairfax will end up floating Domain as a separate company after CEO Greg Hywood's decision last March to restructure the business as a stand-alone entity within Fairfax.
Mr Catalano, a former reporter and editor with The Age, was most recently part-owner and chief executive of Metro Media Publishing, the publisher of a glossy free start-up Weekly Review magazine.
MMP snatched a significant chunk of real estate advertising from Fairfax's suburban titles before both groups orchestrated a merger in July 2012.
Mr Catalano, MMP's largest individual shareholder, told BusinessDay he would stay on as a board member of MMP but would step back from day-to-day operations.
MMP co-founder Trent Casson will be chief operating officer of MMP, which has overall responsibility for real estate advertising sales for Domain and the Domain liftout in other key titles including the Friday edition of The Australian Financial Review and The Saturday Age.
Frequently Asked Questions about this Article…
Antony Catalano has been appointed as the CEO of Domain by Fairfax Media.
Antony Catalano's appointment as Domain CEO has sparked speculation that Fairfax might float Domain as a separate company, following a decision to restructure it as a stand-alone entity.
Before joining Domain, Antony Catalano was a part-owner and chief executive of Metro Media Publishing, known for the Weekly Review magazine.
Metro Media Publishing captured a significant portion of real estate advertising from Fairfax's suburban titles before merging with Fairfax in 2012.
Yes, Antony Catalano will remain on the board of Metro Media Publishing but will step back from day-to-day operations.
Trent Casson, co-founder of Metro Media Publishing, will take over as chief operating officer, handling day-to-day operations.
Metro Media Publishing will be responsible for real estate advertising sales for Domain and the Domain liftout in key titles like The Australian Financial Review and The Saturday Age.
Investors might expect Fairfax to potentially float Domain as a separate company, enhancing its focus and possibly increasing its market value.
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