17 January 2006
ITV plc announces Finance Director and new Strategy Director
ITV plc announces the appointment of John Cresswell as a Director of the Company
on 16 January 2006. Henry Staunton, current Finance Director of ITV, will be
stepping down from the Board after a short handover period and John Cresswell
will become Finance Director at that time.
In addition, ITV has appointed Ben McOwen Wilson to the newly-created position
of Strategy Director, reporting to Charles Allen, Chief Executive Officer of ITV
plc. Ben McOwen Wilson will join ITV in March from Spectrum Strategy
Consultants, where he is a Partner.
John Cresswell is a Chartered Accountant and is currently the Chief Operating
Officer of ITV plc. John has worked in the media industry for almost 20 years,
starting at TVS and then United Business Media before joining Granada.
Sir Peter Burt, Chairman of ITV plc, said on John Cresswell's appointment:
'We carried out an extensive search for this role and I and the other
non-executive directors were extremely impressed by the very high standard of
both the external and internal candidates. John's management qualities and his
experience in both financial and operational roles within the media business
singled him out as the preferred candidate. We are very pleased to have secured
as Finance Director an individual who is so well qualified and respected within
both ITV and the industry.'
'I would like to thank Henry Staunton for his contribution as Finance Director
during the last 13 years over which time his knowledge, skills and experience
have been invaluable to the Company.'
Charles Allen, Chief Executive Officer of ITV plc, said of these appointments:
'I'm extremely pleased to be appointing two executives of such high calibre to
ITV's top team. Since John joined the Company he has been one of the principal
contributors to the effective merger of ITV and has a great deal of experience
in both financial and operating areas of the media industry. That operational
experience and his energy and drive will be a great asset to us and I look
forward to working with him in the future.
'Ben has an outstanding reputation for his work in the TMT sector. He brings to
ITV extensive experience both in the UK and internationally which will prove
invaluable as ITV continues to grow its businesses at home and abroad.
'I'd also like to add my thanks to Henry Staunton with whom I have worked
closely as a board colleague for many years and who played an integral role in
the creation of ITV plc.'
John Cresswell said:
'I am delighted to have been asked to take on the finance role for ITV and I am
looking forward to working with the Board and senior team to develop our
businesses and improve our operational efficiency.'
Ben McOwen Wilson said:
'I am thrilled to be joining ITV in the new role of Director of Strategy and I
am very excited about the opportunities available to us as the UK's largest
commercial broadcaster. I am looking forward to working with the senior
management team to help further develop ITV's commercial strategy and grow the
Enquiries: ITV plc
020 7620 1620
Analysts: James Tibbitts
Media: Brigitte Trafford (0207 737 8719)
Jim Godfrey (0207 261 8148)
Citigate Dewe Rogerson Simon Rigby
020 7638 9571
Notes to Editors:
John Cresswell is a Chartered Accountant and has worked in the television
industry for nearly 20 years. He is 44 and is married with three children.
2005 - Present Chief Operating Officer of ITV plc
2000 - 2005 Granada/ITV plc
2004 - 2005 Chief Operating Officer, Granada (at formation of ITV
2001 - 2004 Chief Operating Officer and FD, Granada Content
2000 - 2001 Director of Operations, Granada Content
1992 - 2000 United Broadcasting and Entertainment Ltd
1998 - 2000 Chief Operating Officer
1996 - 1998 Finance Director
1993 - 1995 Finance Director, Meridian Broadcasting
1987 - 1992 TVS Television
Attained role of Financial Controller having joined as Group Financial
Ben McOwen Wilson
Ben McOwen Wilson has more than 10 years experience in strategic consultancy in
the TMT sector. He is 34 and is married with one daughter.
1999 - present Spectrum Strategy consultants
Spectrum is a strategy consulting firm serving the TMT (technology, media and
telecoms) sector worldwide with offices in eight countries.
2004 - present Partner
2000 - 2004 Manager
1999 Senior Associate
1997 - 1999 Renaissance Worldwide (now Adventis)
Senior Manager - New Media and Internet
1994 -1997 Andersen Consulting (now Accenture)
Consultant - change management and strategy
In the last five years, McOwen Wilson has undertaken a very extensive range of
assignments for broadcasters, platform operators, rights owners, production
companies, regulators, investors and technology manufacturers. He has led
projects in Africa, Asia, South America and Australasia in addition to mainland
Europe. In the UK he has worked with each of the terrestrial broadcasters, a
wide range of digital channels and all of the UK's major pay-TV platform
This information is provided by RNS
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