INM chairman Leslie Buckley steps down from board
The chairman of Independent News and Media (INM), Leslie Buckley, is stepping down from the board.
Mr Buckley has said he will retire from the board of the publisher of the Herald in less than two months.
"I have taken the decision to retire from the board in March after five-and-a-half years as chairman," he said.
"I would like to thank my board colleagues, the INM management team and all the great people who work for the company for their support during what has been an eventful and challenging time for both the company and for the Irish newspaper industry as a whole."
INM thanked Mr Buckley for his leadership since his appointment in 2012.
"Leslie has been a very strong leader of INM's board during a difficult and challenging period for the company at a time of great change in our industry," a statement to the stock market said.
"He has shown great fortitude and resilience in guiding the board and leading INM's strategic efforts to prepare for the challenges that lie ahead."
Four new directors have been appointed to the board, including Telegraph media veteran Murdoch MacLennan, the former chief executive of the Telegraph Media Group in the UK.
John Bateson, Fionnuala Duggan and Seamus Taaffe have also been nominated to the board. John Bateson is managing director of International Investment and Underwriting (IIU) and represents IIU on the boards of various companies, both private and publicly quoted.
Since joining IIU in 1995, he has been closely involved in the creation of its current portfolio of investments.
Fionnuala Duggan is managing director of KNect365 Learning, part of the events and conferences division of London-quoted Informa.