Appointment - Chief Executive

Trinity Mirror PLC 10 December 2002 Tuesday 10 December 2002 TRINITY MIRROR plc: APPOINTMENT OF CHIEF EXECUTIVE Trinity Mirror plc, the UK's largest newspaper publisher, today announces the appointment of Sly Bailey as Chief Executive of Trinity Mirror plc with effect from 3rd February 2003. She replaces Philip Graf who announced on 24th September 2002 his intention to stand down from Trinity Mirror. Sly Bailey, 40, joins Trinity Mirror from IPC Media Ltd, where she has been Chief Executive since December 1999. She successfully led discussions with AOL Time Warner that resulted in the sale of the company to Time Inc., the publishing division of AOL Time Warner, in July 2001 for £1.15bn - the largest ever transatlantic media deal. She was also a member of the management team that led the buyout of IPC Media for £860m in January 1998. Sly joined IPC Media Ltd in 1989 as head of Divisional Classified Advertising Sales, joining the Board in 1994 as Advertising Director before being appointed Managing Director of IPC tx, the TV listings division, in 1997. Prior to joining IPC Media, she worked in advertising sales management positions at The Guardian and The Independent. She has been a non-executive director of Littlewoods PLC. Sir Victor Blank, Chairman of Trinity Mirror plc, commented: 'The appointment of Sly is tremendous for Trinity Mirror. She has a proven track record in building businesses and brands, excellent media credentials and will bring extra drive and vigour to our national and regional newspapers. She joins a quality team in the process of re-invigorating the Trinity Mirror businesses. We are very much looking forward to having her as part of the team and warmly welcome her to the Group.' Sly Bailey commented: 'The Chief Executive role at Trinity Mirror is one of the key positions in UK media. Trinity Mirror is an ambitious and successful company with strong businesses, a clear growth strategy and enormous opportunities for further development. 'I'm absolutely thrilled at the prospect of leading the country's biggest newspaper publisher, and I look forward to building on the strength of some of the most powerful brands in national and regional newspapers.' No further details required under chapter 6F2(b) - (g) of the FSA Listing Rules remain to be disclosed. Enquiries: Trinity Mirror plc Sir Victor Blank Chairman 020 7293 3209 Nick Fullagar Director of Corporate Communications 020 7293 3622 Finsbury Rupert Younger 020 7251 3801 James Leviton Notes to editors: Trinity Mirror employs over 12,000 staff and produces more than 250 titles, making it the biggest newspaper publisher in the UK. The company's varied media base includes national and regional newspapers, websites, magazines and exhibitions. This information is provided by RNS The company news service from the London Stock Exchange

Companies

Reach (RCH)
UK 100

Latest directors dealings