Home > General > Independent News & Media CEO announces departure

Independent News & Media CEO announces departure

Written by Robert McHugh, on 13th Oct 2017. Posted in General

article headline

Independent News & Media CEO Robert Pitt last night announced his departure from the group with effect from today to pursue other interests. 

The Irish Times has reported that his departure comes as part of the resolution of the ongoing dispute over corporate governance issues with Chairman Leslie Buckley. It is also reported that Michael Doorly, the Current Company Secretary and Chief Risk Officer at INM, will take over as Interim Chief Executive.

According to Goodbody Stockbrokers, "The sudden departure of Robert Pitt increases the level of uncertainty around INM, especially following a profit warning three months ago and the ongoing ODCE investigation. The key from now will be the appointment of a permanent replacement."

Source: www.businessworld.ie

More articles from General

image Description

21 regional projects win 30.5m in competitive funding from Enterprise Ireland

Read more
image Description

First FAI Drone Race in Ukraine Takes Place Thanks to Max Polyakov

Read more
image Description

Trinity College Dublin buys Iveagh Grounds from Diageo

Read more
image Description

What Was Ireland Watching on YouTube in 2017?

Read more
image Description

10 Reasons Why Business Writing Skills Are So Important

Read more