ITV PLC Directorate Change (6741S)
27 June 2018 - 4:00PM
UK Regulatory
TIDMITV
RNS Number : 6741S
ITV PLC
27 June 2018
27 June 2018
Directorate Change
ITV plc announces that Ian Griffiths, Chief Operating Officer
and Group Finance Director, has advised the Board of his intention
to retire from ITV in the next 12 months. The search for his
successor will now commence and Ian will continue with his existing
responsibilities until a successor has been appointed.
Ian started his working career in 1988 with Ernst & Young
before moving to the media group EMAP plc in 1994 where he held a
number of roles, latterly as Group Finance Director. Ian joined ITV
in September 2008 as Group Finance Director and has played a key
role in leading the turnaround of the company. He gained
recognition for his achievements in winning the FTSE 100 FD of the
Year in 2013 and has regularly been voted one of the top European
CFOs in City surveys. In April 2017, Ian took on additional
responsibilities and was appointed Group Chief Operating
Officer.
Commenting on the announcement, Sir Peter Bazalgette, Chairman
of ITV plc, said:
"Ian has been a key part of the management team that transformed
ITV's performance. The strategy that Ian helped develop and deliver
has created a strong platform for our future success and delivered
real value for shareholders. On behalf of the Board and our
shareholders I would like to thank Ian for all he has done for
ITV."
Carolyn McCall, ITV Chief Executive, said:
"Ian leaves ITV in strong financial health. He has helped me
steer the strategy refresh and will continue to be involved in
embedding the implementation over the next few months. I and
everyone at ITV will be sorry to see him leave and we wish him all
the very best for the future."
Ian Griffiths said:
"ITV is a brilliant business with superb people and I have
thoroughly enjoyed my time here. I am immensely proud of everything
that we have achieved at ITV, not least in keeping the business
together through the financial crisis and then delivering strong
shareholder returns from 2010 onwards. I will be leaving a great
team and a business in good shape.
"I wish Carolyn and the team all the very best as they continue
to take ITV from strength to strength."
ENDS
Enquiries:
Media Relations
Paul Moore +44 20 71573965 or +44 7860 794444
Mike Large +44 20 71573021 or +44 7768 261528
Investor Relations
Pippa Foulds +44 20 7157 6555 or +44 7778 031097
LEI for ITV plc - ZLECI7ED2QMWFGYCXZ59
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END
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