Ian Russell

Ian Russell1 post
28 Jul, 2011
0

Appointed CEO of Johnston Press

Hired

Highfield is appointed CEO of Johnston Press. He will start on November 1.  He will be given a £500,000 “golden hello” share package, in a compensation package that is biased towards equity. The publisher currently has only about 7% of total revenues from digital sources, and it is struggling with a huge debt burden and tough advertising market. Chairman Russell:

His combined online and media sector pedigree will be a major strength in enabling us to grow our business again. On behalf of the board I would also like to thank John for his major contribution to the company and wish him well for the future.

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