Macquarie Radio Network's managing director has resigned.
Rob Loewenthal's resignation will be effective from next Friday, March 28. He will resign as a member of the board of directors at the same time, according to a statement issued to the ASX by the radio network today.
Russell Tate, executive chairman at Macquarie Radio Network, said: “Rob has been a key part of our management team and as a colleague and friend I wish him continued success as he seeks new challenges.”
Loewenthal has been at the radio network for seven years, in the roles of CFO, COO and most recently managing director.
Tate said there would be no replacement appointed to the managing director role and that he would resume the position of chairman and CEO.
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