The chief executive of newspaper publisher Trinity Mirror, Philip Graf, is to step down next summer, it was announced today.
Mr Graf was appointed chief executive of the company in September 1999 following the merger of Trinity and Mirror Group.
Prior to that he spent 15 years with Trinity, becoming chief executive in 1993.
Mr Graf said: “After ten years as chief executive of initially Trinity and subsequently Trinity Mirror, deciding to step down was tough.
“I feel however the foundations we have laid have created a strong platform for growth and I feel that this period of notice will enable an orderly succession to take place.
“In the meantime, I shall continue enthusiastically to lead the team during what will be a year of considerable progress for the business.”