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Friday, 3 Sep 2010

ITV appoints Adam Crozier as Chief Executive

28/01/2010

ITV Plc is pleased to announce the appointment of Adam Crozier as Chief Executive. Adam, who is currently Chief Executive of Royal Mail Group, will take up his role later this year.

Archie Norman, Chairman of ITV Plc, said: “I am thrilled that Adam is joining us as Chief Executive. ITV is a strong brand with talented people, facing an imperative for change as the media landscape evolves. Adam is a very strong leader with a great track record in delivering transformational change. He has worked successfully in talent-driven organisations, with government and regulators, and has a thorough understanding of the media, advertising and branding industries.

“His task is to bring together the skills and talent within ITV to drive the business on its strategic journey. Adam was the unanimous choice of the Non-Executive Directors of ITV after a very full and thorough search process.

“In his seven years at the Royal Mail, Adam has transformed the Group from a loss-making organisation into a profitable business that last year doubled its operating profits to more than £320m. He implemented a £2bn transformation programme and established the Post Office as a leading brand in financial services, with a fast-growing on-line business.

“I and the rest of the Board would like to thank John Cresswell, who remains in place as Interim Chief Executive, for his strong leadership and success in steering the business through the last year and helping build the platform for change.”

Adam Crozier said:  “I am very excited to be joining ITV - a company with a great heritage and one of the best brands in the UK. The entire media sector is going through enormous change and that presents both great opportunities and significant challenges for everyone in the industry. The objective for ITV is to rise to those challenges and put itself at the forefront of change. I am very much looking forward to working with the people at ITV and leading the transformation ahead."