Johnston Press has announced Chief Operating Officer Danny Cammiade will be stepping down as the media company undergoes a restructuring.
Cammiade, who has been an executive director since 2005, will leave the organisation next March.
Chairman of Johnston Press, Ian Russell, said: "Danny has been an integral part of the executive management team and a main board director for many years and has made an immense contribution to the company. The board is grateful for his commitment and contribution to the business. We wish him well for the future."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The news comes as the multi-platform regional media group, based in the UK and Ireland, announces a reorganisation of the firm.
As part of the reshuffle, regional publishing unit managing directors will now report to Group Commercial Director, Neil Jones.
Employees previously under Cammiade will report directly to Chief Executive Officer, Ashley Highfield, who joined the board in November 2011.
Highfield, previously Vice President of Microsoft and Director of New Media and Technology at the BBC, thanked Cammiade for his contribution to Johnston Press.
"I am very grateful for Danny's support during my first year at Johnston Press where his knowledge and understanding of local communities, and insight into publishing issues have been invaluable," he said.
"I know from my time in the company how well regarded he is both internally and in the industry as a whole and wish him well for the future."
RD
-
House prices rise 2.9% – will the recovery continue?House prices grew by 2.9% on an annual basis in September. Will Budget policies and ‘higher-for-longer’ rates dent the recovery?
-
Nvidia earnings: what to expectNvidia announces earnings after market close on 20 November. What should investors expect from the semiconductor giant?
