TV
As widely anticipated, Granada chief executive Steve Morrison has reisgned this morning.
He will leave at the end of September but will not be directly replaced. Charles Allen, the group's chairman, will take a more active role in the running of the business, although Granada has appointed Sir George Russell as non-executive deputy chairman to qualm shareholder fears of Allen having too much power.
Morrison is the second high-profile figure to be pusted over the ITv Digital fiasco, following in the footsteps of ITV CEO Staurt Prebble, who departed the network in May.
"Twenty eight years at Granada is a very good innings and now I would like to turn my hand to something new," he said. "I look forward to deploying my entrepreneurial skills in the areas of film and television production and multimedia education that I know so well."
Allen thanked Morrison for his work at Granada over the years.
"Steve has been one of the great driving forces of Granada for nearly three decades," he said. "He has helped grow Granada from a north west regional television station into Europe's largest commercial programme producer and ITV's largest broadcaster. All of us at Granada wish him the very best for the future."
He will leave at the end of September but will not be directly replaced. Charles Allen, the group's chairman, will take a more active role in the running of the business, although Granada has appointed Sir George Russell as non-executive deputy chairman to qualm shareholder fears of Allen having too much power.
Morrison is the second high-profile figure to be pusted over the ITv Digital fiasco, following in the footsteps of ITV CEO Staurt Prebble, who departed the network in May.
"Twenty eight years at Granada is a very good innings and now I would like to turn my hand to something new," he said. "I look forward to deploying my entrepreneurial skills in the areas of film and television production and multimedia education that I know so well."
Allen thanked Morrison for his work at Granada over the years.
"Steve has been one of the great driving forces of Granada for nearly three decades," he said. "He has helped grow Granada from a north west regional television station into Europe's largest commercial programme producer and ITV's largest broadcaster. All of us at Granada wish him the very best for the future."
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