12 May 2016
Daily Mail and
General Trust plc (‘DMGT’)
Chief Executive
Announcement
DMGT announces that Martin
Morgan, Chief Executive, will retire as Chief Executive and
from the DMGT Board and the Board of Euromoney Institutional
Investor PLC with effect from 31 May
2016 and will leave DMGT with effect from 30 June 2016. Martin
Morgan will undertake an advisory role for a 12 month period
from January 2017.
DMGT announces that Paul
Zwillenberg will be appointed as Chief Executive with effect
from 1 June 2016. Paul
Zwillenberg is currently Global Leader Media Sector for The
Boston Consulting Group, based in London, and has worked closely with DMGT for
20 years. He brings to the role a breadth of experience
across the B2B and media sectors of DMGT’s portfolio and a broad
knowledge of the Group. Earlier in his career Paul Zwillenberg was Managing Director, dmg
media Digital (formerly Associated Newspapers digital).
Lord Rothermere commented, “DMGT owes Martin a debt of gratitude
for his 27 years’ service and his leadership of the Group’s
transformation. Paul’s strategic insight and close
involvement across our portfolio over the last 20 years means that
he is ideal for the role of CEO at this exciting time for our
diversified businesses.”
There are no further details in relation to Paul Zwillenberg which require disclosure
pursuant to paragraph 9.6.13 of the
Listing Rules of the Financial Conduct Authority.
For further information
For analyst and institutional
enquiries:
| Stephen Daintith, Finance Director,
DMGT |
+44 20 3615 2902 |
Adam Webster, Head of Management
Information
and Investor Relations, DMGT |
+44 20 3615 2903 |
For media enquiries:
| Kim Fletcher / Simone Selzer,
Brunswick Group LLP |
+44 20 7404 5959 |
About DMGT
DMGT manages a balanced multinational portfolio of
entrepreneurial companies, with total revenues of almost £2bn, that
provide a diverse range of businesses and consumers with compelling
information, analysis, insight, news and entertainment.