Independent News & Media PLC Directorate Change (0577P)
May 23 2018 - 9:00AM
UK Regulatory
TIDMINM
RNS Number : 0577P
Independent News & Media PLC
23 May 2018
INDEPENDENT NEWS & MEDIA PLC
RESIGNATION OF DIRECTOR
Ticker: (Bloomberg) INM.ID/INM.LN and (Reuters)
INME.I/INME.L
Dublin, 23 May 2018: Independent News and Media PLC ("INM" or
the "Company") announces that Mr. Paul Connolly has decided that he
is stepping down as a Director of the Company with effect from May
31(st) 2018.
Mr Connolly was appointed to the INM board in March 2009 and
served for over 4 years as a member of the Remuneration Committee
and 1 year as a member of the Nomination and Corporate Governance
Committee.
Paul played an integral role in setting and executing the key
strategic goals formulated by the Company following the successful
completion of its financial restructuring process in 2013. This
resulted in the positive restoration of the INM balance sheet and
the introduction of its digital strategy positioning the business
for future growth.
Chairman of INM, Mr. Murdoch MacLennan, said: '"While I am very
disappointed that Paul has decided to resign at this time, I am
hugely grateful for the immense contribution he has made to the
Company over a significant period of transition. I have valued
Paul's experience, knowledge and independent pragmatic counsel as a
board member and colleague. His contribution to the board will be
greatly missed".
Paul Connolly; "I would like to thank all my fellow board
members and shareholders as well as the senior management team for
their support and confidence in me over my nine years as a director
of INM and I would like to wish the Company every success in the
future".
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAPGUUUAUPRGPW
(END) Dow Jones Newswires
May 23, 2018 09:00 ET (13:00 GMT)
Independent News & Media (LSE:INM)
Historical Stock Chart
From Apr 2024 to May 2024
Independent News & Media (LSE:INM)
Historical Stock Chart
From May 2023 to May 2024