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
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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Peter Bancroft Director of Communications
Direct telephone +44 20 7921 5961
Chris Barrie Citigate Dewe Rogerson
Direct telephone +44 20 7282 2943
Mobile +44 796 872 72 89
Kate Postans Head of Investor Relations
Direct telephone +44 20 7921 5023
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
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
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.
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