Media

Emap shares rise as boss exits

Published Thursday, May 17 2007, 17:20 BST | By Joanne Oatts
Emap's chief executive Tom Moloney has resigned after 26 years at the firm.

The company says Moloney left by mutual agreement. Emap's non-executive chairman Alun Cathcart has stepped in until a permanent successor is hired.

As well as magazine titles like FHM and Heat, Emap brands include radio stations Kiss and Magic.

The announcement comes ahead of Emap's full-year results, to be released on Tuesday. In March this year the company predicted sales of its UK consumer magazines to have fallen by 2%.


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