MediaWorks chief executive Mark Weldon has resigned.
The announcement comes five days after the Weekend Herald broke the news that TV3 star Hilary Barry resigned from the network after 23 years of service.
Mr Weldon said in a statement this morning that he notified the MediaWorks board of his resignation last night, saying "the personal cost is now too high to continue in this role".
MediaWorks, the parent company of TV3 and RadioLive, said the board had accepted Mr Weldon's resignation and respected his decision.
Reaction to the controversial boss's resignation flooded social media. Former weekend newsreader Carolyn Robinson tweeted: "Goodbye Weldon. Don't trip on the ruins you created as you leave." Former Campbell Live producer Pip Keane posted: "It's definitely a karma day."