Media 10 says Nathan, who has been group marketing director for almost 17 years, was handed a golden baton by Newton during a panel discussion on succession planning.
Newton said that he had been working on the succession plan for Nathan to become MD for some time: “He has been effectively doing much of what the role entails, he’s so well regarded by the industry, and he has a fantastic vision for how to take the company forward. I knew it was time and I’m delighted to have been able to do it on stage,” he said.
Nathan will now run Media 10 on a day-to-day basis. He remarked: “It’s the biggest honour of my career to be given the responsibility of leading this business. We have had exceptional success, creating and building some of the largest, most successful events both here and overseas and I look forward to ensuring that the Media 10 ethos and creativity continues, with the help of the incredible team that has made it all possible.”
Media 10 says Newton will take a step back and become chairman moving forward.
Keep up-to-date with publishing news: sign up here for InPubWeekly, our free weekly e-newsletter.