?
|
|
|
Michael Green is to relinquish CEO role
once Granada merger is approved
|
Running a company is a thankless task now that chairmen and CEOs are
regarded with suspicion not admiration. In a further affront, in the UK at
least, any CEO who makes a deal to become chairman of a merged company may well
face the chop.
Top executives at merging companies will be scrabbling to keep their jobs
if the Carlton/Granada deal is anything to go by. It seems whoever misses
the CEO spot and ends up as chairman is likely to be ousted by shareholders
citing the Higgs Review into the role and effectiveness of non-executive
directors.
This is archived content. Your current settings does not currently allow access to the archive. To gain access visit the subscription page or call our hotline on +44 (0)207 779 8999.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
Level 1:
- Online access to the past 12 months content
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Level 2:
- Exclusive access to euromoney.com - Read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 2000
- 12 monthly issues of Euromoney magazine
- More than 30 specialist research guides free
- The results of Euromoney’s polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe