WORLD - UBM’s CEO David Levin will step down four months earlier than previously announced after being appointed president CEO of McGraw-Hill Education in New York.
Levin has been CEO of UBM since 2005, and will depart the marketing and communications company on 1 March 2014. Last September the group said he would step down on 31 July.
Upon his departure, chairman Helen Alexander will become executive chairman until a new CEO is in place. She will chair UBM’s executive committee and continue to work closely with chief financial officer Robert Gray.
“We are making very good progress in the search for David’s successor and will ensure there is an orderly transition,” she said. “UBM has a strong and experienced senior management team, and it is very much business as usual. I congratulate David on his exciting new role, and thank him warmly for his enormous contribution to UBM in the past and during this transitional period.”
In other news, UBM has announced the appointment of John McConnell to its board of directors as a non-executive director with effect from 1 March 2014.
He will join the audit and nomination committees, and will become chairman of the audit committee. McConnell is group finance director of automotive group Inchcape, and his new role will see him succeed Jon Newcomb who has chaired the audit committee since 2008 and who will remain on the board.
Levin told Exhibition World the group’s geographic mix of events will continue to shift towards emerging markets to boost UBM revenues.
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