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Southern Cross Media Group Limited (ASX:SXL)

ALERT: Price-sensitive ASX Announcement for SXL
Current share price for SXL : $0.530 -0.04 (-7.02%)+
Announcement
Release
24 Apr 2026 4:29PM
Price at Release
$0.570
Full Release
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Summary
Southern Cross Media Group Limited announced the appointment of Mr. Rohan Lund as the new Managing Director and Chief Executive Officer, effective May 1, 2026. Mr. Lund brings a wealth of experience from his previous role as Group CEO of NRMA, where he led significant organizational transformations, as well as senior positions in Australia's media and telecommunications sectors. The company's chairman, Heith Mackay-Cruise, expressed confidence in Mr. Lund's ability to drive digital and operational improvements within Southern Cross Media. Mr. Lund's employment terms include a $1.30 million annual salary with performance-based incentives.
Key Points
  • Southern Cross Media Group Limited appoints Mr. Rohan Lund as Managing Director and CEO.
  • Mr. Rohan Lund will transition to his new role on May 1, 2026.
  • Mr. Lund previously served as CEO of NRMA, leading its transformation into a diversified group.
  • He held senior roles at Foxtel, Seven West Media, Yahoo!7, and Singtel Optus.
  • Chairman Heith Mackay-Cruise expressed confidence in Mr. Lund's leadership capabilities.
  • Mr. Lund is focused on accelerating digital and operational transformation at Southern Cross Media.
  • Mr. Lund holds a Bachelor and Masters of Laws from Queensland University of Technology.
  • The key terms of Mr. Lund's employment include a $1.30m annual remuneration and performance-based incentives.
  • Mr. Lund's appointment was approved by the Board of Directors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.