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Hot Topic EARNINGS
Hot Topic EARNINGS
Investment
4 mins to read

Sky CFO’s departure a ‘personal decision,’ says CEO

Ciara McGuigan resigned abruptly about two weeks ago for no clear reason.

Former Sky TV chief financial office Ciara McGuigan.

Key points
  • Revenue: Down 2% to $385m.        
  • Profit: Net loss of $1.8m versus a $29m profit a year ago.
  • Main takeaway: The company remains tight lipped about the sudden departure of its previous CFO.

The head of Sky Television says the sudden departure of the company’s chief financial officer was a “personal decision”.

Ciara McGuigan, who was the company’s CFO for less than a year, resigned effectively immediately on February 5. The announcement came two weeks before the company was due

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Nicholas Pointon Fri, 21 Feb 2025
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • Revenue: Down 2% to $385m.        
  • Profit: Net loss of $1.8m versus a $29m profit a year ago.
  • Main takeaway: The company remains tight lipped about the sudden departure of its previous CFO.
Sky CFO’s departure a ‘personal decision,’ says CEO
Investment,
107942
true