Mansfield To Leave GCap Media
GCap Media has announced the resignation of chief executive David Mansfield, who will leave the company in January to be succeeded by current executive chairman, Ralph Bernard.
Mansfield will remain with GCap in order to oversee the final stages of the company’s post-merger integration, which has been on-going since the consolidation of Capital Radio and GWR earlier this year (see GCap Begins Trading As Chrysalis Snaps Up Century).
GCap will not replace Bernard following his promotion to chief executive, with the role of executive chairman now being dissolved and Peter Cawdron being re-appointed as non executive chairman, a position he held before the merger.
Commenting on the management reshuffle, Cawdron said: “Having two senior executives made a lot of sense in the months following the merger. However, with the early integration nearing completion and the Group’s strategy review well under way, both David and Ralph felt that the time was right to review this structure and together agreed this way forward.”
“I would like to thank David for his commitment to the company as chief executive of GCap Media and formerly his eight years as chief executive of Capital Radio plc.”
It is not known whether Mansfield will take up another role in the media following his departure from GCap.
GCap Media: 0207 663 7000 www.gcapmedia.com