(Reuters) – Nine Entertainment Nine gave no reason for Barnes’s departure and said in a statement it hoped to name a replacement “shortly”.
In its most recent half-year results, the company reported a 1.6% fall in its post-tax profit.
Barnes joined the media firm in July 2016 and was present when Nine bought newspaper publisher Fairfax Media two years later, in one of the biggest shake-ups in Australian media for decades.
News of Barnes’s departure comes days after Nine offered to buy all of Macquarie Media Nine shares have jumped more than 35% so far this year and closed 1.6% higher on Wednesday.
(Reporting by Devika Syamnath in Bengaluru; Editing by Stephen Coates)