Desmond, O'Brien want O'Reilly out, says FT

Two large shareholders in Independent News & Media want to change its chief executive, the Financial Times newspaper has reported.

22nd March, 2012
Desmond, O'Brien want O'Reilly out, says FT
Gavin O'Reilly, CEO of IN&M.

Two large shareholders in Independent News & Media want to change its chief executive, the Financial Times newspaper has reported.

Denis O’Brien, who has a 22 per cent stake in the media group, and Dermot Desmond, who has a 5.75 per cent stake, are both seeking the removal of Gavin O’Reilly, the paper said, citing "two people close to the company".

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