26.11.2009
Independent News & Media (INM) has appointed Lothar Lanz to its board as a non-executive director with immediate effect.
Lanz (61) (pictured) is the Chief Financial Officer and Chief Operating Officer of Axel Springer AG -Germany's largest newspaper company and one of Europe's most integrated and successful media groups.
“We are delighted to welcome Lothar to the board as a non-executive director. He brings a depth of international multimedia and financial experience and independence to our deliberations, and his appointment is an important step in the ongoing refreshment and development of the board recently signalled by the Company,” said INM Chairman, Dr Brian Hillery.
INM also today announced the retirement of the Rt Hon Kenneth Clarke from its board as and from 31st December 2009. Clarke has been a non-executive Director of INM since 2007.
“As the restructuring is now successfully completed, Ken has indicated his decision to step down to concentrate solely on his political role in Britain as the Conservative Shadow Business Secretary. I would like to thank Ken for his enormous contribution to INM and, on behalf of the board, wish him well in his future,” Hillery said.
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