Media
David Mansfield is quitting as GCap CEO and will be replaced by executive chairman Ralph Bernard.
Mansfield and Bernard led Capital Radio and GWR respectively before the two companies merged to form GCap in May.
"Having two senior executives made a lot of sense in the months following the
merger," said Peter Cawdron, who has been appointed non-executive chairman of the company. "However, with the early integration nearing completion and the Group's
strategy review well under way, both David and Ralph felt that the time was
right to review this structure and together agreed this way forward."
Mansfield and Bernard led Capital Radio and GWR respectively before the two companies merged to form GCap in May.
"Having two senior executives made a lot of sense in the months following the
merger," said Peter Cawdron, who has been appointed non-executive chairman of the company. "However, with the early integration nearing completion and the Group's
strategy review well under way, both David and Ralph felt that the time was
right to review this structure and together agreed this way forward."
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