Investor Relations
News Detail

13th Mar 2009

INM Directorate Changes

• SIR ANTHONY O’REILLY TO RETIRE IN MAY, ON HIS 73RD BIRTHDAY

• GAVIN O’REILLY NOMINATED AS NEXT CEO OF INM

Dublin/ London – 13th March 2009 | Sir Anthony O’Reilly has advised the Board of Independent News & Media PLC (“INM” or the “Group”) of his intention to retire as Chief Executive Officer and as a Director of the Board on 7th May 2009 - his 73rd birthday. Sir Anthony is the largest shareholder (c. 28.5%) and has been the strategic driving force behind the company for the past 36 years.

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“Independent News & Media has always understood that beyond being a very successful company in the financial sense, it has broader social responsibilities to all those communities where it operates. This is demonstrated by over 200 projects and charities which the company has underwritten and supported and can be seen from the work that INM has done in education, particularly the work they’ve done in health education in South Africa in relation to HIV and AIDS.”

Baroness Margaret Jay, Non-Executive Director
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