Johnston Press names new Chief Financial Officer
Community media group Johnston Press has reported that from June 1st 2013 David King will succeed Grant Murray, following Grant's resignation as Chief Financial Officer.
Community media group Johnston Press has reported that from June 1st 2013 David King will succeed Grant Murray, following Grant's resignation as Chief Financial Officer.
King was previously at Time Out Group, the print and digital entertainment information business, where he was Chief Executive Officer until July 31st 2012 and has since then been working as a consultant, most recently at Johnston Press.
During his four years at Time Out, King was credited with restructuring and refinancing the business, returning it to profitability and selling a 50% equity interest to private equity.
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
For the nine years prior to Time Out, King was Chief Financial Officer of BBC Worldwide, overseeing profits increasing to £100m on turnover growing from £354m to over £800m.
Chairman Ian Russell said: "I welcome David to the Johnston Press board and believe that his wealth of relevant experience will prove him to be an excellent choice of successor to Grant. Meanwhile I would like to thank Grant on behalf of the board for everything he has done for Johnston Press over the last two years and wish him well for the future."
Johnston Press' share price was unchanged at 17.88p at 09:41 on Wednesday.
MF
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
1,000 children hold over £100,000 in a junior ISA – how to grow tax-free nest egg for your child
Junior ISAs can be a tax-efficient way to grow a nest egg for your child. We explain how they work
-
How to start investing: a beginner’s guide
Getting started in investing is a great way to make your money work harder for you over the long term, as investments tend to outperform cash savings