The Ten Network’s new chief executive, Hamish McLennan, yesterday spent $1 million buying a stake in the company, according to a report in The Australian.
“As I indicated in the statement to market on Friday regarding my appointment, I believe Ten is a great business,” he told the newspaper.
“As a sign of my enthusiasm for Ten, I have personally invested in the company.”
ABOUT THE AUTHOR
Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.
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