By John Glenday

STV has begun a search for a new chief executive officer after announcing its incumbent, Rob Woodward, is to stand down within the next 12 months.

The departure was one of a number of changes at the top of the broadcaster to be announced in its first quarter trading update, which also carried confirmation that senior independent director David Shearer will retire and be replaced by Simon Miller with immediate effect.

Woodward remarked: “As I confirm my decision to pursue fresh challenges after leading the company for the past ten years, I am passionate about STV and its prospects to Read full story ›

Source: The Drum