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17/01/2006

ITV plc announces Finance Director and new Strategy Director

ITV plc has announced the appointment of John Cresswell as a Director of the company.
Henry Staunton, current Finance Director of ITV, will be stepping down from the board after a short handover period and John Cresswell will become Finance Director at that time.
In addition, ITV has appointed Ben McOwen Wilson to the newly-created position of Strategy Director, reporting to Charles Allen, Chief Executive Officer of ITV plc.
Ben McOwen Wilson will join ITV in March from Spectrum Strategy Consultants, where he is a Partner.
John Cresswell is a Chartered Accountant and is currently the Chief Operating Officer of ITV plc. Cresswell has worked in the media industry for almost 20 years, starting at TVS and then United Business Media before joining Granada.
Sir Peter Burt, Chairman of ITV plc, said on John Cresswell’s appointment: “We carried out an extensive search for this role and I and the other non-executive directors were extremely impressed by the very high standard of both the external and internal candidates. John’s management qualities and his experience in both financial and operational roles within the media business singled him out as the preferred candidate. We are very pleased to have secured as Finance Director an individual who is so well qualified and respected within both ITV and the industry.
“I would like to thank Henry Staunton for his contribution as Finance Director during the last 13 years over which time his knowledge, skills and experience have been invaluable to the company.”
Charles Allen, Chief Executive Officer of ITV plc, said: “I’m extremely pleased to be appointing two executives of such high calibre to ITV’s top team. Since John joined the company he has been one of the principal contributors to the effective merger of ITV and has a great deal of experience in both financial and operating areas of the media industry. That operational experience and his energy and drive will be a great asset to us and I look forward to working with him in the future.”
(GB)
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