Home / Business and Economy / Search Begins for New Reach Plc Chairman
Search Begins for New Reach Plc Chairman
3 Apr
Summary
- Chairman Nick Prettejohn will step down before May 2027.
- A formal search for his replacement will commence soon.
- Reach Plc owns over 120 print and digital titles.
Reach Plc, the publisher of the Daily Mirror, has announced that its current chairman, Nick Prettejohn, is preparing to step down. The company will soon begin a formal search for his successor.
Mr. Prettejohn's tenure is expected to conclude before the annual meeting scheduled for May 2027, by which time he will have served for nine years. As part of the transition, preparatory steps for the succession process will be initiated during 2026.
These steps will include the appointment of an independent search firm to guide the selection of a new chairman. Reach Plc manages a diverse portfolio comprising more than 120 print and digital titles. The company's shares experienced a decline of approximately 28% over the past year.
