Baroness Ford to take over as STV chairman in August

By TERRY MURDEN
Published 17th May 2013, 20:50 BST
Baroness Ford of Cunninghame will replace Richard Findlay. Picture: TSPLBaroness Ford of Cunninghame will replace Richard Findlay. Picture: TSPL
Baroness Ford of Cunninghame will replace Richard Findlay. Picture: TSPL
MEDIA veteran Richard Findlay is to step down as chairman of STV and will be replaced by Baroness Margaret Ford who was involved in overseeing the legacy issues for the Olympic Games in London.

Baroness Ford of Cunninghame will join the board on 1 June as a non-executive director and will replace Findlay on 31 August when he retires after six years in the role.

Her appointment will add to the stock of females at the helm of UK boardrooms and she will be only the second to currently chair a quoted company in Scotland, the other being Swedish businesswoman Karin Forseke, who replaced Lesley Knox at Alliance Trust.

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Ford has worked in urban regeneration and has extensive experience of working with government. She is chairman of May Gurney Integrated Services, and of Barchester Healthcare, the private healthcare provider and she holds non-executive director roles with Grainger, Segro and Taylor Wimpey. From 2009 to 2012, Ford was chairman of the Olympic Park Legacy Company, resigning through time pressures. She was appointed to the House of Lords in 2006, initially as a Labour peer and is now a cross-bencher.

“I am delighted to be succeeding Richard Findlay, for whom I have the highest regard, as chairman of STV,” she said. “I am conscious of what an excellent job the board has done since 2007 and look forward immensely to working with Rob Woodward and the board in taking the company to the next phase of its development.”