Sinead Boucher

Sinead Marie Boucher (née O'Hanlon; born 26 June 1970) is a New Zealand journalist and chief executive of Stuff Ltd. On 31 May 2020 she became the owner of Stuff Ltd.

Sinead Boucher
Born
Sinead Marie O'Hanlon

(1970-06-26) 26 June 1970
Northern Ireland
Occupation
  • Journalist
  • media executive
AwardsWolfson Fellowship prize 2012

Early life and family

Born in 1970 to Sean and Mary O'Hanlon, Boucher moved with her family from Belfast, Northern Ireland, to Christchurch, New Zealand, when she was about three years old.[1] She was educated at Villa Maria College.[1] After beginning to study law at the University of Canterbury, she dropped out and worked at McDonald's, before returning to Ireland for a time.[1]

In 1992, she returned to New Zealand and completed a six-month journalism course at Aoraki Polytechnic in Timaru, where she met her future husband, Mark Boucher.[1] The couple married in 2003 and they have three children.[1]

Career

In 1993, Boucher was employed by Fairfax as the North Canterbury branch office reporter for The Press newspaper.[1][2]

In 1999, she moved with Mark Boucher to London, where she worked for the Financial Times on its website FT.com and at Reuters’ London bureau.[1][3][4]

She returned to New Zealand in 2003 and was appointed as an assistant editor at The Press, working on the newspaper's website.[1][3] In 2007, she became Fairfax's first group digital editor, working on the Stuff website. In 2013, she became the group executive editor at Fairfax.[5]

Boucher was appointed chief executive officer of Stuff Ltd in August 2017.[2] In 2018, she described her priorities as CEO as to not only make a profit, but provide an internal environment for her people to connect and flourish.[6] Her plan was to diversify the company away from a reliance on publishing revenues, to a range of initiatives that would give the company "a more stable and sustainable fate".[3]

Purchase of Stuff Ltd

On 25 May 2020, Nine Entertainment agreed to sell Stuff to Boucher for NZ$1, with the transaction due to be completed by 31 May. Under the terms of the transaction, Nine will retain some of the proceeds of the sale of wholesale broadband business Stuff Fibre to telecommunications company Vocus Group, and ownership of Stuff's Wellington printing press.[7][8][9] At the time of the announcement, she said the purchase gave Stuff "a real chance to take our destiny into our own hands and forge a really bright new future".[10] She also said she intended to pursue giving staff the opportunity to purchase a share in the company,[11][10] and wanted to enshrine the Independence of editorial functions from owners.[12]

Awards

In 2012, Boucher was awarded the Wolfson Fellowship prize, the most prestigious journalism prize in New Zealand, which involves a 10-week stay at Cambridge University.[4]

References
  1. Wall, Tony (31 May 2020). "From flipping burgers to media mogul – the shy Irish girl who bought Stuff". Stuff.co.nz. Retrieved 31 May 2020.
  2. "Sinead Boucher named as Stuff chief executive". Stuff. 22 August 2017. Retrieved 5 December 2019.
  3. "Horse's Mouth: Sinead Boucher, Stuff". stoppress.co.nz. 30 January 2018. Retrieved 26 May 2020.
  4. "Wolfson Fellowship". Voyager Media Awards. Retrieved 28 May 2020.
  5. "Sinead Boucher appointed CEO as Fairfax rebrands to Stuff". StopPress.
  6. "How Stuff works: Interview with CEO Sinead Boucher – World News Publishing Focus by WAN-IFRA". blog.wan-ifra.org. Retrieved 26 May 2020.
  7. Pullar-Strecker, Tom (25 May 2020). "Stuff ownership to return to NZ after management buy-out". Stuff. Archived from the original on 25 May 2020. Retrieved 25 May 2020.
  8. Rutherford, Hamish (25 May 2020). "Stuff sold for $1 to CEO Sinead Boucher by Nine Entertainment". New Zealand Herald. Archived from the original on 25 May 2020. Retrieved 25 May 2020.
  9. "Stuff chief executive Sinead Boucher buys company for $1". Radio New Zealand. 25 May 2020. Archived from the original on 25 May 2020. Retrieved 25 May 2020.
  10. Rutherford, Hamish (24 May 2020). "Stuff sold for $1 to CEO Sinead Boucher by Nine Entertainment". NZ Herald. ISSN 1170-0777. Retrieved 26 May 2020.
  11. Graham-McLay, Charlotte (25 May 2020). "New Zealand media group Stuff to be sold to chief executive Sinead Boucher for NZ$1". The Guardian. ISSN 0261-3077. Retrieved 26 May 2020.
  12. "Taking the brave leap to local ownership of Stuff". Stuff. 25 May 2020. Retrieved 28 May 2020.
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