Sky New Zealand (ASX:SKT) has appointed Ciara McGuigan as its new Chief Financial Officer (CFO), effective from March 2024. 

The $326.54 million market capitalisation company says McGuigan is an accomplished CFO with ‘highly relevant’ experience in media, telecommunications, and retail. She is currently CFO at TVNZ and was previously CFO at Mediaworks. 

Commenting on the appointment, Sky Chief Executive Officer (CEO) Sophie Moloney says: “Ciara is a highly-regarded leader and finance professional with a strong background in media, and we are thrilled that she will be joining the Sky team. 

“I look forward to the contribution that she will make as we look to grow revenue, increase customer satisfaction and employee engagement, and double our dividend by FY26″

We have just delivered solid results for FY23, building on the positive results of recent years, and we have a strong and ambitious plan for the coming 3 years and beyond. 

I look forward to the contribution that she will make as we look to grow revenue, increase customer satisfaction and employee engagement, and double our dividend by FY26.”

Moloney has confirmed interim arrangements for the CFO role, noting that Deloitte Partner Andrew Hirst, who has been interim CFO since May 2023, is due to return to Deloitte at the end of September. 

Former Foxtel CFO James Marsh will be interim CFO from October 2023 until Ciara joins Sky. 

Sky New Zealand is an ASX-listed broadcasting company providing paid television services through satellite, media streaming services, and broadband internet services.

Write to Aaliyah Rogan at Mining.com.au

Images: Sky New Zealand