Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Independent News & Media CEO Vincent Crowley To Step Down In May

Independent News & Media Plc (INM.L) announced that Vincent Crowley will step down as Group Chief Executive Officer and resign as a Director of the Company over the coming months. Crowley will depart the company on 31 May 2014 unless an earlier date is agreed.

The company stated that Crowley will continue in his existing role during the selection process for a new Group CEO, which shall commence immediately using an external advisor. Progress in this regard will be announced as soon as practicable.

Vincent Crowley joined INM in 1990. He was appointed Group CEO in April 2012 having served as Group COO since November 2009. Previously, he had served as Chief Executive of Independent News & Media (Ireland) since 2002 and prior to that as CEO of APN. He was appointed to the APN Board in March 2009.

The company said that it expects 2013 results to be in line with market expectations, and will publish the results on 13 March 2014.

Click here to receive FREE breaking news email alerts for Independent News & Media PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Home improvement and building products company Masco Corp. said Monday after the markets closed that its second quarter profit jumped 78% from last year, as revenue increased and margins improved amid strong performance of its Plumbing Products, Installation and Other Services and Decorative Architectural Products segments. American Financial Group Inc. (AFG) Monday reported second-quarter net earnings of $106 million or $1.15 per share, compared to $110 million or $1.20 per share last year. Core net operating earnings were $99 million or $1.07 per share, compared to $87 million or $0.96 per share last year. Total... Stocks showed a significant recovery over the course of the trading day on Monday after coming under pressure in early trading. The markets eventually ended the session roughly flat following the mixed performance that was seen last week.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.