Wednesday February 19, 2020

Board members quit in UTV corporate governance row

TVC executive chairman Shane Reihill has resigned as a non-executive director of UTV Media following the removal of his colleagues from the board.

23rd February, 2012
2
The board of UTV Media voted to remove John B McGuckian as its chairman.

TVC executive chairman Shane Reihill has resigned as a non-executive director of UTV Media following the removal of John McGuckian as chairman.

Shares in UTV have risen 12 per cent today, while shares in TVC rose 4.4 per cent.

Earlier today the board of UTV Media voted to remove McGuckian as its chairman. The UTV board released a statement saying that McGuckian’s “close association with TVC, a major shareholder of UTV, had compromised his independence to such...

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