Cathy O’Connor steps down as oOh! CEO

Managing Director and Chief Executive Officer of oOh!media Limited, Cathy O’Connor, will step down from her roles in the second half of 2025, after four years in the role. She was previously NOVA Entertainment‘s CEO for 12 years.

Cathy said in the company’s ASX release:

“Leading oOh! for the past four years has been one of the most rewarding periods of my career, and I am incredibly proud of the team’s achievements, including the unrivalled success in attracting new asset contracts which underpin our future growth and the industry-leading margins we delivered in an inflationary environment.

oOh! has developed one of the strongest teams in Australian media, including a leadership group that is among the industry’s most experienced, and I thank the team for their commitment and hard work.

“I strongly believe in the future growth and growing prominence of the Out of Home industry and that oOh! has the right strategy to lead this evolution and generate long-term value for our customers, our people and our shareholders. I remain absolutely focused on the execution of oOh!’s strategy.

“The Company now has real momentum, and a depth and breadth of new talent, to chart the course for continued growth. Having discussed with the Board the next multi-year phase of execution ahead of oOh!, we have agreed that the Company is now ready for new leadership.”

oOh! Chair, Tony Faure, said:
“After more than four years leading oOh!, and with the business performing strongly in CY25, Cathy has decided, and the Board has agreed, that the time is right for new leadership to deliver the Company’s next multi-year phase of strategy execution and growth.
Cathy joined oOh! as CEO in the middle of the COVID pandemic and has been instrumental in leading the business through a period of significant change. She led oOh! through its most successful period of major contract wins, while implementing a
disciplined commercial mindset and setting the platform for oOh!’s ongoing digital evolution.
The Board remains highly confident in the Company’s strategy, focused on energising oOh!’s sales and go-to-market approach, unlocking the full potential of our market leading network of 35,000 assets, and positioning the business to lead in the retail media sector.
The Board thanks Cathy for her leadership of oOh! through a transformative period. We are delighted that she will remain with the Company until the second half of CY25 to facilitate an orderly transition.”

A global executive search has commenced to appoint a new Managing Director and CEO, with the process overseen by Tony Faure and Chair of the Talent & Culture Committee Philippa Kelly.

In a challenging market oOh! has won numerous industry awards and had an improved 2H24 with total revenue growth of 13% in Q1 CY25 as well as growth in Australian media revenue of 16%, in line with the Outdoor Media Association (OMA).

The next steps for this highly regarded leader will be closely monitored with a return to the radio industry a possibility.

Jen Seyderhelm is a writer, editor and podcaster for Radioinfo. Email: [email protected]

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