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Foxtel Chief Operating Officer resigns

Foxtel exec Peter Tonagh takes up new role at News Corp. Australia.

2013-08-22_1102More switcheroos between Foxtel and News Corp. see Foxtel’s Chief Operating Officer and Chief Financial Officer Peter Tonagh resign, to the newly-created role of chief operating officer, News Corp. Australia.

Foxtel CEO Richard Freudenstein said in a statement, “Peter Tonagh has made a great contribution to Foxtel over nine years and we will be very sorry to lose him. He has been a key member of the executive team responsible for driving many of Foxtel’s achievements.

“Peter’s most recent success was the crucial role he played in the acquisition of Austar / XYZ Networks and Showcase for which he was recognised in 2012 as CFO of the Year.

“While we will miss PT and his daily contribution, I am thrilled that he will be taking up an exciting role at News and will that he remain close to Foxtel in his new position. I wish him well and look forward to working with him in the future.”

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