GMG gives finance chief top role
Guardian Media Group (GMG) has confirmed the appointment of chief financial officer Andrew Miller as its new chief executive officer.
Miller has been acting CEO since the departure of Carolyn McCall, who left the Group at the end of June to become chief executive of easyJet.
GMG, like other media owners, is battling to maintain revenues from a fragmenting audience that is increasingly spending its time with digital brands and a decline in advertising revenues. Recent financial results have shown the strain on GMG’s resources.
News Corp owned News International has just introduced a pay wall for The Sunday Times and The Times.
Amelia Fawcett, chair of GMG, says: “Andrew is the ideal appointment to this role, following a rigorous recruitment process that produced a very high-quality shortlist of candidates. He has great financial acumen, an intimate understanding of GMG’s portfolio and a full appreciation of our unique purpose and values.
“He knows how to drive successful digital transformation and has led large-scale financial transactions. Most importantly, he has the ability, desire and vision to lead GMG through the next stage of its development and to ensure a sustainable future for our journalism.”
