Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Update on CEO succession

13th Jan 2014 07:00

UBM PLC - Update on CEO succession

UBM PLC - Update on CEO succession

PR Newswire

London, January 10

Update on CEO succession On 16 September 2013, UBM plc announced that David Levin intended to step downas Chief Executive Officer by 31 July 2014. With his appointment as Presidentand Chief Executive Officer of McGraw-Hill Education in New York, David'sdeparture from UBM will be effective as of 1 March 2014. Upon David's departure, Dame Helen Alexander, Chairman of UBM, will becomeExecutive Chairman until a new CEO is in place. She will chair UBM's ExecutiveCommittee and continue to work closely with Robert Gray, Chief FinancialOfficer. Dame Helen Alexander, Chairman of UBM plc, said: "We are making very good progress in the search for David's successor and willensure there is an orderly transition. UBM has a strong and experienced seniormanagement team, and it is very much business as usual. I congratulate David onhis exciting new role, and thank him warmly for his enormous contributionto UBM in the past and during this transitional period." - Ends - Contacts Media Peter Bancroft Director of CommunicationsE-mail [email protected] telephone +44 20 7921 5961 Chris Barrie Citigate Dewe RogersonE-mail [email protected] telephone +44 20 7282 2943Mobile +44 796 872 72 89 Analysts/Investors Kate Postans Head of Investor RelationsEmail [email protected] telephone +44 20 7921 5023 Notes to Editors 1. UBM plc is a global events-led marketing services and communications company. We help businesses do business, bringing the world's buyers and sellers together at events and online, as well as producing and distributing news and specialist content. Our 5,500 staff in more than 30 countries are organised into expert teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM corporate news; follow @UBMNews for news from all UBM's businesses; follow @UBM for a flavour of UBM from selected members of UBM's Twitterati. 2. Dame Helen Alexander was appointed as Chairman of the UBM Board at the 2012 AGM. She worked for the Economist Group from 1985, becoming Managing Director of The Economist Intelligence Unit in 1993 and Chief Executive in 1997. She was President of the Confederation of British Industry (CBI) from 2009 to 2011. Dame Helen is a non-executive director of Rolls-Royce Holdings plc and of esure plc. 3. UBM's preliminary results for the year ended 31 December 2013 will be announced on 28 February 2014.

Related Shares:

UBM
FTSE 100 Latest
Value8,275.66
Change0.00