Bauer Media today announced that Australian CEO Matt Stanton is to leave the business for Woolworths and that David Goodchild from Bauer in the UK will take on responsibility for Australia, New Zealand and Hong Kong. Mumbrella has the details including the announcement to Bauer employees. It’s telling that Goodchild will keep his current role:
From 5 January 2015, David Goodchild (44) will be in charge of Bauer Media Australia, New Zealand and Hong Kong. He is the successor to Matthew Stanton, who will be leaving the organisation of his own accord in order to take up a fresh challenge in a senior role at Woolworths. Goodchild will be assuming his new role in addition to his current responsibilities as Chief Executive of H. Bauer Publishing in the United Kingdom.
Bauer Australia moves from a full-time CEO to a part-time CEO. I’m not sure what this means for the local business given that many challenges remain that are unique to Australia.
The other telling note in the Bauer statement is Goodchild’s long-term publishing credentials.
Perhaps watch the magazines at Woolworths now in competition to the newsagency chain.