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DAILY MAIL & GENERAL TRUST PLC - Directorate Change

PR Newswire

London, May 12

12 May 2016

Daily Mail and General Trust plc (‘DMGT’)

Chief Executive Announcement

DMGT announces that Martin Morgan, Chief Executive, will retire as Chief Executive and from the DMGT Board and the Board of Euromoney Institutional Investor PLC with effect from 31 May 2016 and will leave DMGT with effect from 30 June 2016. Martin Morgan will undertake an advisory role for a 12 month period from January 2017.

DMGT announces that Paul Zwillenberg will be appointed as Chief Executive with effect from 1 June 2016. Paul Zwillenberg is currently Global Leader Media Sector for The Boston Consulting Group, based in London, and has worked closely with DMGT for 20 years. He brings to the role a breadth of experience across the B2B and media sectors of DMGT’s portfolio and a broad knowledge of the Group. Earlier in his career Paul Zwillenberg was Managing Director, dmg media Digital (formerly Associated Newspapers digital). 

Lord Rothermere commented, “DMGT owes Martin a debt of gratitude for his 27 years’ service and his leadership of the Group’s transformation. Paul’s strategic insight and close involvement across our portfolio over the last 20 years means that he is ideal for the role of CEO at this exciting time for our diversified businesses.”

There are no further details in relation to Paul Zwillenberg which require disclosure pursuant to paragraph 9.6.13 of the Listing Rules of the Financial Conduct Authority.

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About DMGT

DMGT manages a balanced multinational portfolio of entrepreneurial companies, with total revenues of almost £2bn, that provide a diverse range of businesses and consumers with compelling information, analysis, insight, news and entertainment.