UBM PLC: Update on CEO succession
Update on CEO succession
On 16 September 2013, UBM plc announced that David Levin intended to step down as Chief Executive Officer by 31 July 2014. With his appointment as President and Chief Executive Officer of McGraw-Hill Education in New York, David's departure from UBM will be effective as of 1 March 2014.
Upon David's departure, Dame Helen Alexander, Chairman of UBM, will become Executive Chairman until a new CEO is in place. She will chair UBM's Executive Committee and continue to work closely with Robert Gray, Chief Financial Officer.
Dame Helen Alexander, Chairman of UBM plc, said:
"We are making very good progress in the search for David's successor and will ensure there is an orderly transition. UBM has a strong and experienced senior management team, and it is very much business as usual. I congratulate David on his exciting new role, and thank him warmly for his enormous contribution to UBM in the past and during this transitional period."
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Notes to Editors 1. UBM plc is a global events-led marketing services and communications company. We help businesses do business, bringing the world's buyers and sellers together at events and online, as well as producing and distributing news and specialist content. Our 5,500 staff in more than 30 countries are organised into expert teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.
For more information, go to www.ubm.com; follow us on Twitter at @UBM_plc to
get the latest UBM corporate news; follow @UBMNews for news from all UBM's businesses; follow @UBM for a flavour of UBM from selected members of UBM's Twitterati. 2. Dame Helen Alexander was appointed as Chairman of the UBM Board at the 2012 AGM. She worked for the Economist Group from 1985, becoming Managing Director of The Economist Intelligence Unit in 1993 and Chief Executive in 1997. She was President of the Confederation of British Industry (CBI) from 2009 to 2011. Dame Helen is a non-executive director of Rolls-Royce Holdings plc and of esure plc. 3. UBM's preliminary results for the year ended 31 December 2013 will be announced on 28 February 2014. END -0- Jan/13/2014 07:00 GMT