Paul Deighton will become the next chairman of The Economist Group. He will take up the position in July 2018, succeeding Rupert Pennant-Rea who is standing down after nine years in the role.
Posted on: 01 March 2018 07:29
Lord Deighton is the former CEO of the London Organising Committee for the Olympic and Paralympic Games, and also served in the UK Government as treasury minister from 2012-15. Previously, he spent 27 years in banking, latterly as a partner at Goldman Sachs.
Lord Deighton said: "I look forward to working with the management team and my board colleagues to ensure that The Economist Group's business strategy and financial performance are successful and continue to support its outstanding journalism."
Chris Stibbs, chief executive of The Economist Group, said: “Rupert has been a fantastic chairman. As a former editor he knows the company well, and he has helped to steer it through unprecedented disruption to our industry. He also did much to secure the continued independence of The Economist in 2015, through the biggest change to our shareholder structure since 1928.
“We look forward to welcoming Paul as the next chairman. He brings vast experience from across the worlds of business and finance, as well as the highest levels of government. We look forward to working with him as we continue to build the future of the Group. He will be joining us at an exciting time, as The Economist reaches its 175th anniversary and the wider Group takes advantage of new opportunities.”
Featured Supplier Video
Association of Circulation Executives
A vibrant, celebratory atmosphere was prevalent at the London Marriott Grosvenor Square on Thursday 3rd May 2018 as ACE hosted The Newspaper & Magazine Awards. The Newspaper and Magazines awards this year was a truly memorable event and we are already getting ready for next year. Entry will be open from January 2019 and we want to hear from you. Have you gone out on a limb, pushing the boundaries of your title, yourself and your team? Have you seized the initiative, persevered with your strategy and achieved exceptional performance? For more information, click here
Most read on InPublishing
These are the most read stories on the InPublishing website over the last 14 days, in order from the top.
This list is based on data from Google Analytics, and is refreshed every 24 hours. (Last updated: 20/09/2018 05:46)