Moran appointed CFO of NZME

Moran appointed CFO of NZMEMichael Moran has officially been appointed chief financial officer of NZME.

Michael Moran has been appointed chief financial officer of NZME, filling a role left vacant by Michael Boggs who ascended to chief executive in April.

The appointment will become effective in the first quarter next of year, a time where NZME will learn if its proposed merger with Fairfax NZ will be blocked or not by the competition watchdog.

Mr Moran is currently interim CFO of NZME and a partner at Deloitte, where he assists companies with finance function transformation and mergers and acquisitions.

He has juggled both roles since June but will leave Deloitte next year.

Mr Boggs said Mr Moran’s extensive experience in mergers and acquisitions and business transformation “is ideally suited to assist NZME achieve its near term cost management and business integration objectives and longer term strategic goals”.

Mr Moran said he will focus on optimising the way NZME operates by “extracting the full synergies from its business integration, and driving the various elements of the growth strategy, including the proposed merger with Fairfax NZ”.

He was originally from the UK and has worked in Australia, Russia, China, and Malaysia before settling in New Zealand.

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