Regional newspaper publisher, Johnston Press, has announced a restructuring of its management, resulting in mergers of divisions and the creation of new sections to deal with the recent expansion of the company.
The moves will see the group’s north division merge with its north midlands/south Yorkshire department, with Chris Green, divisional managing director of the north taking responsibility for the enlarged department, reporting to chief operating officer Danny Cammiade.
The company’s east midlands and south midlands departments are also set to merge, resulting in the formation of a new midlands division in 2006.
Nick Mills will take on the role of divisional managing director for the midlands division and managing director of Northamptonshire Newspapers Limited.
The current south midlands divisional managing director Chris Pennock will fill the newly created position of group newspaper sales and marketing director.
Yesterday, Johnston announced plans to acquire the entire issued share capital of publishers of the Scotsman newspaper and scotsman.com, Scotsman Publications (see Johnston Buys Scotsman Publications For £160 Million) .
The deal will see Johnston purchase the company for a cash consideration of £160 million, with the newspaper publisher claiming the acquisition will be “earnings enhanced” within the first year.
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