Friday, January 17, 2014

UBM’s Levin to step down in March

News this week: UBM plc has announced the early step down of company CEO David Levin on 1st March 2014. UBM first announced in September 2013 of Levin’s intention to step down as CEO by 31st July 2014.

Levin’s hastened departure is a result of his appointment as president and CEO of McGraw-Hill Education in New York. Dame Helen Alexander, Chairman of UBM, will assume the role of executive chairman until a new CEO is appointed. She will chair the company’s Executive Committee and work closely with CFO, Robert Gray.

Dame Helen, Chairman of UBM plc, said, “We are making very good progress in the search for David’s successor and will ensure there is an orderly transition. UBM has a strong and experienced senior management team, and it is very much business as usual. I congratulate David on his exciting new role, and thank him warmly for his enormous contribution to UBM in the past and during this transitional period.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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