Advertising industry figure Ben Shepherd is the new CEO of publisher Schwartz Media.
He left dentsu last week after less than a year as chief investment officer.
Shepherd replaces Rebecca Costello who left to become managing director of Guardian Australia.
"Schwartz Media is home to the most vital, most respected and most enduring media brands we have in Australia, produced by Australia’s most respected voices," says Shepherd.
"To serve the amazingly talented people in the business, its outstanding writers and its loyal and engaged readers, as its CEO, is a privilege."
Schwartz publishes The Saturday Paper, The Monthly magazine, a daily podcast 7am, the Quarterly Essay and Australian Foreign Affairs.
“Ben is a sharp, clear-eyed thinker," says Morry Schwartz, proprietor of Schwartz Media.
"He understands the media and where it is headed. I have complete confidence that he is the perfect person to lead Schwartz Media into its next phase of growth.”
Shepherd is joined on the company’s senior leadership team by deputy chief executive Zoe Featherstone and editor-in-chief Erik Jensen.
Shepherd is the author of the Signal newsletter, sent via LinkedIn each week on the "three things in marketing and advertising you need to know".
Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at adnews@yaffa.com.au
Sign up to the AdNews newsletter, like us on Facebook or follow us on Twitter for breaking stories and campaigns throughout the day.