Collingwood president Mark Korda to stand down from role in December, succumbing to ugly boardroom battle
Collingwood president Mark Korda has told the club he will stand down from the role after the annual general meeting in December, but he will stay on the board for the last year of his term.
After being appointed as Eddie McGuire's successor in early 2021, Korda's tenure at the top has been marred by an ugly boardroom war that has engulfed the club.
Korda's decision to step down means former Nine Network boss Jeff Browne is all but certain to take over the role from 2022.
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Collingwood board members had recently called on Korda to bring the end of his tenure forward 12 months to help the transition into Browne's reign.
And while Korda had said he wanted to remain as president for the remainder of his term, he has now accepted that he will not be in the top job next year.
Collingwood president Mark Korda has told the club he will stand down from his role after December's annual general meeting. James Alcock
Korda's decision to step down came as the club prepared to confirm three challengers for board positions at December's annual general meeting: Browne, Barry Carp and Renee Roberts.
Carp is the owner of venture capital firm River Capital and Roberts is an APRA executive.
"The board welcomes these nominations and the important contribution they can make to the club's future success and the journey of renewal which the club has undertaken in recent years," Korda wrote in a letter to Collingwood members this morning.
"Following the AGM, the newly elected board will meet to appoint the next president of our great club. As I have only one season left on the board, I will not be a candidate for the presidency.
"Thank you for your ongoing support of Collingwood."
