Wireless Group PLC Directorate Change (9944Q)
March 04 2016 - 2:20AM
UK Regulatory
TIDMWLG
RNS Number : 9944Q
Wireless Group PLC
04 March 2016
4 March 2016
Wireless Group plc (formerly UTV Media plc) ("Wireless"or "the
Company")
Retirement of Chief Executive and appointment of Executive
Chairman
Further to the completion of the sale of the Company's
television business to ITV on 29 February 2016, the Wireless Board
today announces the following Board changes.
After 23 years service on the Board, including sixteen as Chief
Executive, John McCann (62) has decided that the sale of the
Company's television business marks a very natural time for him to
retire. John joined UTV as Financial Controller in 1983, becoming
Director and General Manager in 1990 and Chief Executive in 1999.
Under John's leadership, UTV was transformed from its ITV regional
licensee origins into one of the most successful media companies in
the UK and Ireland, with market leading radio, television and
digital media assets. John will retire at the time of the AGM in
May 2016.
Having considered the nature of the continuing Wireless group
and the experienced existing management team, the Board has asked
Richard Huntingford, currently Non-Executive Chairman, to become
Executive Chairman and to lead the Company's growth strategy as a
focused radio group. Richard joined the Board in 2012 and has
extensive experience of the commercial radio business from his
executive career at Chrysalis plc and at Virgin Radio.
Helen Kirkpatrick, Senior Independent Director, said:
"On behalf of all shareholders and employees of the Company, I
would like to thank John for his outstanding leadership,
professionalism and passionate commitment to the UTV Media plc
cause over so many years. He leaves the Company in a very healthy
state and with our fondest best wishes."
"I am delighted that Richard will be taking on the role of
Executive Chairman. His deep experience of the radio industry and
existing knowledge of the Company's businesses will ensure that the
Company continues to focus all its efforts on delivering long-term
value for shareholders."
For further information, please contact:
James Devas, Maitland +44 (0) 20 7379 5151
Notes to Editors
Wireless Group Plc
The Wireless Group PLC is one of the most successful media
groups in the UK and Ireland comprising a highly focused radio
business with market leading radio and digital media assets. Its
radio businesses include talkSPORT, the world's biggest sports
radio station, 12 independent local radio (ILR) stations in England
and Wales and a number of digital radio multiplexes throughout GB.
It is also the largest local radio operator in Ireland with 7
stations broadcasting from Belfast, Cork, Limerick, Dublin and
Drogheda and an advertising sales house based in Dublin. The group
also owns two digital businesses offering complementary services in
digital strategy, web design, development, secure hosting and
content delivery.
www.wirelessgroupplc.com
Richard Huntingford
Richard Huntingford joined the Board of UTV Media plc as
Non-Executive Chairman in July 2012. He has over 30 years
experience of the media industry, including roles as CEO of
Chrysalis plc & Executive Chairman of Virgin Radio.
At Chrysalis, Richard was instrumental in the development of the
company from its origins as an indie record label to a global media
and entertainment group which, over the years, encompassed a broad
range of businesses including radio, music, television, books and
digital media. In September 2007, Richard was appointed Executive
Chairman of Virgin Radio where he oversaw the successful sale of
the business in June 2008 to Times of India for GBP53 million.
Richard's current external roles include Non-Executive Chairman
of Crown Place VCT plc (2012 - present), Non-Executive Director of
JPMorgan Mid Cap Investment Trust plc (2013 - present), Chairman of
Prince's Trust Trading Limited (2010 - present) and Governor of
Radley College (2010 - present). He is also Non-Executive Chairman
of Creston plc but retires from this role on 31 March 2016.
Richard is a Fellow of the Institute of Chartered Accountants,
England & Wales.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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