oOh!media Can Navigate CEO Change Comfortably -- Market Talk

Dow Jones
30 Apr

0027 GMT - The departure of oOh!media CEO Cathy O'Connor after four years at the helm doesn't unsettle bull Jefferies much. "Whilst leadership change is rarely welcome, we see oOh!media with its suite of 35,000 assets as particularly well-placed to navigate the medium term," analyst John Campbell says. Advertising spending in Australia appears to be near a trough. Also, oOh!media is likely to expand its share of the outdoor advertising market from 2026, Jefferies says. O'Connor plans to remain with oOh!media until 2H of 2025 while the company searches for her successor. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

April 29, 2025 20:27 ET (00:27 GMT)

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