Summary
MICHAEL Grade has stepped down as executive chairman of ITV.
Despite two years at the helm, the businessman failed to turn around the ailing broadcaster's fortunes, and moved aside after pressure to relinquish control.See the full content of this document
Extract
Grade Is Forced to Quit After Failing to Turn Around Itv [Scot Region]
The 66-year-old executive, who earned Pounds 1.1million last year, had planned to remain in charge until the end of 2010.
The company posted record losses of Pounds 2.7billio...See the full content of this document
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