MacKenzie Secures Chairman’s Role At Highbury

Kelvin MacKenzie has been appointed as executive chairman to publishing company, Highbury House Communications, ending months of speculation over the former Sun editor’s plans for the future.

The move follows MacKenzie’s purchase of 15,500,500 ordinary shares in Highbury last month, bringing his stake in the company to 19.82% and fuelling industry speculation over his ambitions for a place on the board (see MacKenzie Raises Highbury Stake To 20%).

Commenting on his appointment MacKenzie was optimistic, and clearly has plans for substantial change at Highbury. He said: “The company remains in a fragile state but at its heart are good titles and core profitability. I am hopeful we can build on this foundation.”

Simon Neathercoat, non-executive chairman of Highbury House is reported to be stepping down from the board with immediate effect, while current chief executive officer, Mark Simpson, will step down “in due course.”

The move, however, has uprooted the succession plan already agreed by Highbury’s board, with the company previously on track to appoint Mike Frey to the chief executive role, from his current position as managing director of Highbury Entertainment (see Highbury Entertainment Welcomes New Managing Director).

Highbury House Communications: www.hhc.co.uk