FIRST CUT: Weldon resigns from MediaWorks: 'personal cost too high'

FIRST CUT: Weldon resigns from MediaWorks: 'personal cost too high'
Pattrick Smellie
By Pattrick Smellie May 4 (BusinessDesk) - MediaWorks' controversial chief executive Mark Weldon has resigned, just two days after his chairman, Rod McGeoch, backed him. Citing the "personal cost" as "too high", Weldon leaves a position he took up in August 2014 to oversee a recovery operation at the television and radio broadcaster. “When I joined MediaWorks in August 2014, I had a mandate to lead a significant change programme to bring the business back from receivership into a position where it could once again be a strong competito...