Euromoney Institutional Investor Plc Chairman John Botts will not seek re-election to the board at the company's annual general meeting Feb. 1, 2018, and will retire immediately afterward.
David Pritchard, senior independent director at Euromoney, will be named acting chairman and will lead the search for Botts' replacement. His current term of engagement was extended to Euromoney's 2019 annual general meeting.
Additionally, following the reduction of Daily Mail and General Trust plc's equity interest in Euromoney to 49% from 68%, Jonathan Harmsworth, or Lord Rothermere, and Paul Zwillenberg resigned from the board as the trust's nonexecutive representatives. They will be replaced by trust CFO Tim Collier and dmg media limited CEO Kevin Beatty, effective immediately.
