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ITV's new chief executive is EasyJet's Carolyn McCall ITV names EasyJet's Carolyn McCall as new chief executive
(35 minutes later)
The chief executive of EasyJet, Carolyn McCall is moving to become the chief executive of commercial broadcaster, ITV. ITV has appointed the boss of EasyJet, Carolyn McCall, as its new chief executive.
She has been at EasyJet for seven years and takes over running ITV from former boss Adam Crozier. Ms McCall, who has been at EasyJet for seven years, will take over the running of the commercial broadcaster early next year. ITV's previous chief executive, Adam Crozier, left in June.
Ms McCall will join the company in January next year on a salary of £900,000 a year, plus pension and possible bonus and incentives. She will be paid an annual salary of £900,000, plus pension and possible bonus and incentives.
Before running EasyJet, Ms McCall was chief executive at the Guardian.Before running EasyJet, Ms McCall was chief executive at the Guardian.
She also is a non-executive director at fashion company Burberry, sits on the board of the Department for Business, Energy and Industrial Strategy and is a trustee at the Royal Academy.She also is a non-executive director at fashion company Burberry, sits on the board of the Department for Business, Energy and Industrial Strategy and is a trustee at the Royal Academy.
She said the decision to leave EasyJet had not been easy, but after seven years at the company the time was right for a move. Ms McCall said the decision to leave EasyJet had been "really difficult", but after seven years at the company the time was right for a move: "The opportunity from ITV felt like the right one to take. It is a fantastic company in a dynamic and stimulating sector."
John Barton, EasyJet chairman, said: ""I speak for absolutely everyone at EasyJet in saying we will be sorry to see Carolyn leave and that we wish her well in her exciting new role." ITV chairman Peter Bazalgette said: "In a very impressive field of high calibre candidates, Carolyn stood out for her track record in media, experience of an international operation, clear strategic acumen and strong record of delivering value to shareholders. I'm delighted we'll be working together at ITV."
John Barton, EasyJet chairman, said: "I speak for absolutely everyone at EasyJet in saying we will be sorry to see Carolyn leave and that we wish her well in her exciting new role."
Her bonus plan on joining ITV will be up to a maximum of 180% of salary, and there will be a long-term incentive plan up to 265% of salary.
ITV described it as "broadly the same remuneration opportunity" to Mr Crozier's.