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Bray Boland

Nine shares fall as CEO Mike Sneesby departs

Mike Sneesby Nine 2 Nine Entertainment Olympics

Nine chief executive Mike Sneesby will depart after a shaky 12 months for the media giant. (Lukas Coch/AAP PHOTOS)

Shares in Nine Entertainment have fallen after the the media company announced that chief executive Mike Sneesby will depart this month following a turbulent year.

Nine shares, trading ex-dividend, were down 4.6 per cent to $1.1875 in early afternoon trading on Thursday.

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