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30/10/2002

Gerry Murphy to leave Carlton Communications

Gerry Murphy, Chief Executive of Carlton Communications, has announced his long-expected decision to leave the ITV giant for FTSE-100 retail behemoth Kingfisher.
The proposed merger with Granada left Murphy with no real future as Chief Executive of Carlton, and speculation has been rife that he was preparing to jump ship.
Michael Green, Chairman of Carlton Communications, said: “Gerry and I have worked well together. I will miss him as a colleague but I look forward to working with him as a friend at Kingfisher, one of our biggest advertisers. I thank him for his commitment to Carlton and wish him every success.”
Murphy added: “Carlton is a great company and it has been my privilege to work here. Its prospects as a key component of a consolidated and cohesive ITV are excellent and I wish Michael and my colleagues every good fortune.”
Murphy will remain at Carlton until February 2003, and will not be replaced.
(GB)
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