Mike Sneesby
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World
Nine Entertainment CEO Mike Sneesby to step down amid share price drop
Mike Sneesby will step down as CEO of Nine Entertainment effective 30 September. The announcement on Thursday indicated that Matt Stanton, the chief finance and strategy officer, would serve as interim CEO starting from 1 October. Following this news, the company’s shares plummeted by as much as 4.4%, reaching their lowest point since April 2020. This drop occurred despite the…