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.”
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