Ishmet Davidson will retire as CEO of Media24 and as a director, with effect from Monday next week, the company announced on Thursday.
Current chief financial officer, Raj Lalbahadur, has been appointed as interim CEO.
Davidson, who has been CEO since October 2018, will remain on as an advisor.
He joined the group in 2012 as head of community newspapers, becoming head of its news division two years later. The media distribution company On the Dot and Media24’s magazine division were later added to his responsibilities.
"Although I look forward to my retirement, I’m sad to be leaving Media24. The company has always been at the vanguard of exceptional journalism as well as business and media innovation, and able to adapt timeously to the ever-evolving media landscape," Davidson said.
Subscribe our newsletter to stay updated
Thank you for subscribing!
Subscribe our newsletter to stay updated
Thank you for subscribing!
