Media24 news boss in surprise retirement

2014-10-17 00:00

FERGUS Sampson, chief executive of the Media24 News division, has resigned and will leave the company at the end of October. He has held the position since 2012.

Fergus made his name by founding the Daily Sun with the late Deon du Plessis and went on to turn it into the biggest daily newspaper in Africa. For the past two years he has been at the helm of Media24’s News division.

CEO Esmaré Weideman said it had been an honour to work alongside Fergus. “I want to thank him sincerely for his 12 years of service to Media24. He is a great newspaper man — charismatic, streetwise and smart.”

Sampson serves on the boards of the Natal Witness Printing and Publishing Company, the SA Press Association (Sapa), Print and Digital Media South Africa (PDMSA) and MultiChoice.

“Fergus has been a steady and courageous leader at a time when newspapers have faced unprecedented pressure in a challenging market,” said chief financial officer Manie Mayman. “I wish him well in all future endeavours and look forward to continuing our friendship in the years to come.”

Sampson said he felt it was the right time to leave the company to pursue other interests.

“Media24 News has many of the finest and bravest journalists in our country, and I salute them,” he said. “It has been an honour and a privilege to work with so many talented and dedicated people in the company.”

Ishmet Davidson, head of local and southern newspapers, will step in as acting head of Media24 News.

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