6 Dec 2010

Fairfax chief executive resigns

8:30 pm on 6 December 2010

Australasian media company Fairfax says its chief executive Brian McCarthy has resigned.

The listed company says Mr McCarthy quit after failing to give a commitment to remain at the helm for the next three to five years.

The non-executive director, Greg Hywood, has assumed the role of acting chief executive until a replacement is found.