13/08/2010
Execs Leaving Five Following Takeover
Channel Five programme bosses and the channel's Chief Executive Dawn Airey, have announced plans to leave the station following Richard Desmond's takeover.
Between 60 and 80 jobs will also be axed from its 300-strong workforce.
Joining Ms Airey, will be Director of Programmes Richard Woolfe and Managing Director Mark White.
Since purchasing the channel, Mr Desmond has discussed a "focus of resources on programme and content development" with an investment of £1.5bn in Channel Five over the next five years.
Dawn Airey will be taking up a senior role at the RTL Group, Five's former owner.
She commented: "The day Five was sold, my job was done. I will be returning to the RTL Group but over the next few months will remain in post with a number of my senior colleagues to facilitate the integration of Five into Northern and Shell."
(BMcN/BMcC)
Between 60 and 80 jobs will also be axed from its 300-strong workforce.
Joining Ms Airey, will be Director of Programmes Richard Woolfe and Managing Director Mark White.
Since purchasing the channel, Mr Desmond has discussed a "focus of resources on programme and content development" with an investment of £1.5bn in Channel Five over the next five years.
Dawn Airey will be taking up a senior role at the RTL Group, Five's former owner.
She commented: "The day Five was sold, my job was done. I will be returning to the RTL Group but over the next few months will remain in post with a number of my senior colleagues to facilitate the integration of Five into Northern and Shell."
(BMcN/BMcC)
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