Ofcom appoints new C4 non-exec directors
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ThE MaStEr
2010-09-29
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Ofcom appoints new C4 non-exec directors
Wednesday, September 29 2010, 12:53 BST
By Andrew Laughlin,
Ofcom has appointed four new non-executive directors to Channel 4's board and extended the terms of Lord Puttnam and Martha Lane Fox.
Joining the broadcaster's board is Mark Price, managing director of supermarket chain Waitrose and Alicja Lesniak, non-executive director of property company DTZ.
Channel 4 also welcomes Richard Rivers, previously head of corporate development at Unilever and currently a non-executive director of Mothercare, along with Monica Burch, chairman of the board at Addleshaw Goddard.
All the non-executive directors have been given initial three-year terms, starting on October 1. They will work at Channel 4 for one day per month and receive an annual payment of around £23,000.
The new non-executive directors follow the departures of Karen Brady, Andy Mollett and Sue Ashiany, who had reached the end of their terms.
In addition to the new appointments, Lord Puttnam's term as Channel 4 deputy chairman has had been extended until January 31, 2012.
Non-executive director Martha Lane Fox, who is currently the UK's digital champion, has seen her term extended for the same period, while Stephen Hill's term has been increased to December 31, 2011.
"The combination of the new appointments and the extensions is intended to bring some new high quality commercial and professional skills onto the Channel 4 board whilst also providing stability by retaining some very strong individuals for the forthcoming year," said Ofcom chairman Colette Bowe.
Channel 4 chairman Lord Burns added: "I would like to take this opportunity to thank Karen Brady, Andy Mollett and Sue Ashtiany for their contribution as members of the board of Channel 4. I would also like to welcome the four new non-executive directors.
"They join us as we enter a moment of change and creative renewal, led by [Channel 4 chief executive] David Abraham and his newly formed management team, and I look forward to working closely with them during the exciting challenges ahead."
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