Australian property site Domain has appointed Nine Entertainment Co. CEO Hugh Marks and managing director of commercial partnerships Lizzie Young to its board of directors. Nine Entertainment Co. is the parent company of Domain.
Marks and Young (LinkedIn profile) have replaced non-independent directors Patrick Allaway and Gail Hambly, who step down on Feb. 1. Allaway, who is also a non-executive director of Nine Entertainment, will remain on the board.
Domain chairman Nick Falloon thanked Allaway and Hambly for their contribution in a statement to the ASX.
In the statement, the company also announced that Falloon will replace Allaway as a member of the Domain board’s audit and risk committee.