News Corp has signalled a focus on acquisitions with the appointment of a senior executive and former investment banker into a mergers and acqusitions role.
Robert Ure, a former Wesfamers executive focused on acquisitions and digital, has been appointed director of strategy and M&A at News Corp Australia.
Ure and his team will be responsible for strategic planning and merger and acquisition activity across News Corp Australia.
The role will work closely with the executive team to guide, influence and deliver on News’ growth strategy.
“Rob’s skills and diverse industry experience will be invaluable to News as we progress our digital strategy and identify growth opportunities,” says News Corp Australia CFO Michael Ford.
“Rob will play a key role in our growth agenda, bringing together his deep strategy and M&A experience across large corporates and investment banks domestically, in the US and Asia.”
Ure: “News Corp Australia is clearly building a world-class digital business based on a proud legacy of providing trusted news and information. It’s also a company that’s always excelled at merger and acquisition activity. I'm very excited to be joining the News team at this important time in the company's evolution."
He was most recently general manager of business development at Wesfarmers where his focus was on acquisition activity and significant strategic digital projects.
Before that he was an investment banker at Macquarie Capital, where he specialised in gaming, and group general manager M&A and corporate development with Coca-Cola Amatil.
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