Broadcast News
06/11/2003
ITV appoint Sir Brian Pittman as interim chairman
Carlton Communications' Sir Brian Pittman has been announced as interim Chairman of ITV.
His appointment comes in the wake of the shareholder coup which ousted the previous Chairman Designate, Michael Green.
A steering committee consisting of six Non-Executive Directors, three from Granada and three from Carlton, agreed that pending completion of the merger, Sir Brian should act as interim Chairman and Sir George Russell (from Granada) should act as interim Deputy Chairman of a 'Board-in-waiting' consisting of the six Non-Executive Directors, Charles Allen and Henry Staunton (respectively the designated Chief Executive and Finance Director of ITV).
The Board-in-waiting will facilitate decision making for the combined business.
It was also agreed that a firm of recruitment specialists should be appointed immediately to recommend to the Board-in-waiting an independent candidate for the position of Non-Executive Chairman of ITV.
The objective is to have the Chairman in place by the time that the merger is completed, which is expected to happen early in the New Year.
(GB)
His appointment comes in the wake of the shareholder coup which ousted the previous Chairman Designate, Michael Green.
A steering committee consisting of six Non-Executive Directors, three from Granada and three from Carlton, agreed that pending completion of the merger, Sir Brian should act as interim Chairman and Sir George Russell (from Granada) should act as interim Deputy Chairman of a 'Board-in-waiting' consisting of the six Non-Executive Directors, Charles Allen and Henry Staunton (respectively the designated Chief Executive and Finance Director of ITV).
The Board-in-waiting will facilitate decision making for the combined business.
It was also agreed that a firm of recruitment specialists should be appointed immediately to recommend to the Board-in-waiting an independent candidate for the position of Non-Executive Chairman of ITV.
The objective is to have the Chairman in place by the time that the merger is completed, which is expected to happen early in the New Year.
(GB)
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