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EasyJet boss becomes the first female CEO of ITV.

EASYJET boss Carolyn McCall is to join ITV as the broadcaster's first ever female chief executive.

Ms McCall, who begins her new role in January 2018, had been the front runner to secure the vacant top job after Adam Crozier stepped down at the end of June.

She has headed up the low-cost airline since 2010, prior to which she was chief executive of Guardian Media Group (GMG).

She said: "I'm really pleased to be joining ITV. It is a fantastic company in a dynamic and stimulating sector.

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

Ms McCall will receive an annual salary of PS900,000 and a pension allowance of 15% of salary.

She will also be eligible for a bonus plan that could see her net a maximum of 180% of her salary, as well 265% of her salary as part of a long term share plan.

ITV described it as "broadly the same remuneration opportunity" as Mr Crozier's.

Ms McCall will also receive awards to compensate for remuneration arrangements forfeited on leaving EasyJet.

She comes with a strong corporate pedigree.

In addition to her time at EasyJet and GMG, she has been a non-executive director of Burberry since 2014 and sits on the board of the Department of Business, Energy and Industrial Strategy.

Ms McCall has been widely praised for her tenure at EasyJet and for raising the profile of women in business.

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Carolyn McCall, the EasyJet boss, is to join ITV as chief executive

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Title Annotation:Business
Publication:Western Mail (Cardiff, Wales)
Date:Jul 18, 2017
Words:272
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