ITV chief executive Adam Crozier is to step down after seven years in the role.
Group finance director Ian Griffiths will run the ITV executive team for an interim period until a successor is announced.
Sir Peter Bazalgette, ITV chairman, takes on the role of executive chairman during that time.
Crozier will leave on the 30th June.
Under Crozier, ITV has pushed heavily into production as part of a strategy to make the business less reliant on the volatile advertising market. His tenure has seen ITV acquire a swathe of indie producers, such as Twofour, Big Talk and The Garden. Yesterday, ITV announced it had acquired Line of Duty producer World Productions.
Crozier’s departure also means that two major broadcasters are now searching for chief executives, following news in March that Channel 4 boss David Abraham is standing down.
Bazalgette said: “Adam has been talking to me and the Board for some time now about his future plans. He has made a fantastic contribution to ITV and the Board is deeply indebted to him for his strong leadership and personal dedication in very successfully turning around the business and building a more global and diversified organisation with real scale in key creative markets around the world.”
Crozier said: “Having spent 21 years as a chief executive across four very different industries, I now feel that the time is right for me to move to the next stage of my career and to build a portfolio of roles across the PLC and private sectors."
Staff Reporter
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