Denis O'Brien's radio group Communicorp said that its chief executive Gervaise Slowey has resigned from the company and will be replaced by Adrian Serle, the former chief executive of UK media company Orion Media.
Slowey, who has headed the company since 2013, will continue in her role until the end of the year when Serle will take up the position, Communicorp, owner of radio stations Newstalk and Today FM, said in a statement.
Commenting on her decision, Slowey, a former managing director of WPP-owned ad agency Ogilvy & Mather Dublin, said: "After four exciting, fast-paced and thoroughly enjoyable years, I believe my time here has come to a natural end."
Communicorp chairperson Lucy Gaffeny thanked Gervaise for "four fantastic years at the helm" and said the company had found an excellent successor. "Adrian has considerable and relevant experience from working with Orion Media for the last seven years which will be extremely valuable as Communicorp continues to build its media portfolio."