Wireless Group chief executive John McCann to retire in May
Published 04/03/2016 | 11:38
Wireless Group chief executive, John McCann is to retire in May after 23 years of service on the firm's board.
The group, which was formerly known as UTV prior to the sale of its television assets, has also asked Richard Huntingford to become the firm's executive chairman.
Mr McCann joined UTV as a financial controller in 1983 then went on to become a director and general manager in 1990 before being named as chief executive in 1999, a position he spent 16 years in.
The announcements come after Wireless Group finalised the sale of its TV business to ITV on February 29.
Senior independent director at Wireless Group, Helen Kirkpatrick, thanked Mr McCann for his service to the firm.
"He leaves the company in a very healthy state and with our fondest best wishes.
"I am delighted that Richard will be taking on the role of executive chairman. His deep experience of the radio industry and existing knowledge of the company's businesses will ensure that the company continues to focus all its efforts on delivering long-term value for shareholders."
Mr McCann will retire at the time of the AGM in May of this year.