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Suresh Kavan to stand down from Daily Mail and General Trust board with immediate effect

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By John Glenday, Reporter

January 12, 2017 | 2 min read

Suresh Kavan, chief executive of DMG information and events, has announced his intention to stand down from these roles on 31 March and relinquish his seat on the Daily Mail and General Trust board with immediate effect – ending an eight year career with the group.

Lord Rothermere commented: "Following Suresh signalling his desire to take on new challenges outside the Group, the Strategic Review announced on 1 December 2016, and the Euromoney transaction announced on 8 December 2016, the time is now right for this change.”

Kavan added: "The dmg information and events businesses have delivered consistent and significant revenue and profit growth, including almost doubling revenues to over £600m in the past five years. The businesses have reached a scale where they can operate as standalone businesses, have expanded into adjacent markets and are well positioned for the future and I am proud of what we have achieved."

Following Kavan’s departure all chief executives who previously reported to him will report directly to DMGT chief executive Paul Zwilenberg, part of a wider strategy to streamline operations.

Last year the Daily Mail was forced to raise its cover price to offset declining print circulation, despite the success of MailOnline.

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