TNZ CEO Fraser quits

World Brief

Kiwi pubcaster Television New Zealand is searching for a new CEO after topper Ian Fraser stepped down Sunday, saying he had lost confidence in the board.

The final straw for Fraser came late last week when the board asked him to negotiate salaries with the more highly paid members of the news and current-affairs team, rather than leave it to news chief Bill Ralston.

Fraser alleged interference by the politically appointed board, but later clarified that the board had never meddled in news content.

Board members have questioned management, the lack of public service programming and a slide in ratings and advertising revenue.

A former current-affairs interviewer and arts buff, Fraser took over from Rick Ellis in 2002.

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