Riley leaves Chrysalis Radio

Following the acquisition of Chrysalis Radio by Global Radio, Phil Riley, currently Chrysalis chief executive, has quit the company.

Riley has run Chrysalis for 13 years, first as managing director, and as chief executive for the last eight years. He will also step down from the board of Chrysalis Group Plc.

Phil Riley said: "I’ve had a tremendous time at Chrysalis, building from scratch one of the most successful radio businesses in the UK. Whilst I was offered the opportunity to join Global Radio, following much deliberation I’ve decided after 13 years with the Chrysalis Radio business to take a short break and then look at a number of new opportunities."

"There’s a very professional team at Chrysalis Radio and I’m delighted to have had the opportunity of working with many of them for over a decade and now wish them continued success under the new ownership of Global Radio," he added.

Richard Huntingford, chief executive of Chrysalis Group Plc, said: "Phil has made an immense contribution to Chrysalis and should be hugely proud of what he has achieved with Chrysalis Radio. He has been an inspiring leader of his team and also a huge support to me over the years. We wish him every success in the next phase of his career."

Global Radio chief executive Ashley Tabor said: "We completely understand Phil’s decision to pursue other interests at this stage of his career. He has done a fantastic job building the teams at Heart, Galaxy and LBC, as well as the value in the brands, and we had hoped to have found an appropriate role for him at Global. We wish him well."