
No explanation has been given for his resignation nor details of his immediate replacement.
In a press statement ATV said: “We appreciate the very good work and contribution that Linus Cheung has contributed to ATV and wish him the best in all his endeavours in the future.”
Cheung joined ATV on 3 December, 2008 with Ricky Wong Wai Kay as CEO. However, Wong resigned after only 12 days citing personality clashes with Cheung. In March, ATV named Nancy Hu Gin-Ing as its new chief executive officer.
Earler this year, ATV laid off 207 members of staff in a one-off downsizing arrangement.