Published: Mon, July 17, 2017
Hi-Tech | By Grace Becker

EasyJet CEO Dame Carolyn McCall appointed as new ITV chief executive

EasyJet CEO Dame Carolyn McCall appointed as new ITV chief executive

Under Crozier, ITV has increased its production operations by acquiring independents including talent show "The Voice" maker Talpa Media and Mammoth Screen, the company behind drama "Poldark", which is screened by ITV's main rival BBC One.

Before running EasyJet, Ms McCall was chief executive at the Guardian.

The airline said during her time at the business she saw the business more than treble its share price and returned £1.2 billion to shareholders in dividends.

McCall is credited by chairman John Barton with having generated "sustained and continuing financial success" at the airline, and having "transformed" the company's performance.

"I'm delighted we'll be working together at ITV".

"I am looking forward to getting to know all of the people at ITV and helping it make the most of the fantastic opportunities that it has in the future".

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The company began its succession plan for Crozier earlier this year, when reports first emerged that the former Royal Mail boss would be stepping down after seven years as CEO. Bazalgette took on the role of executive chairman during that interim period.

ITV said McCall's total remuneration would be "broadly the same" as that of Crozier.

She will be paid an annual salary of £900,000, plus pension and possible bonus and incentives. She is also a non-executive director at Burberry plc and sits on the Board of the Department of Business, Energy and Industrial Strategy.

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"She is seen as being very good with people, at building a strong management team around her and at the ability to "work the room", Liberum said.

While the broadcaster has seen its audience share slip like the other major United Kingdom networks, Crozier has focused on building out worldwide production and distribution revenues.

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