RNS Number : 5929A
12 October 2009
Interim Management Arrangements
ITV plc announces that John Cresswell, currently Chief Operating Officer, has agreed to assume the role of Interim Chief Executive to lead the company through to the appointment and arrival of the next Chief Executive. John Cresswell has informed the company that he then plans to leave to seek a fresh challenge.
The Interim CEO role will commence on the arrival of Michael Grade's successor as Chairman, the process for which is underway. Sir Crispin Davis and Sir Michael Bishop have both recently confirmed to the Nominations Committee of the Board that they are not candidates. The Committee has revised its shortlist accordingly and is continuing its search with all due speed.
For further information:
Christy Swords - Director of Investor Relations Tel: 020 7157 6572
Press queries Tel: 0207 156 7266
Ruth Settle - Director of Corporate Communications Tel: 0207 156 7233
Tulchan Communications Group Tel: 020 7353 4200
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