Manchester United CEO to Depart

Manchester United (NYSE: MANU  ) CEO David Gill is to leave his post, the team announced. Gill will relinquish his position on June 30, after which current Executive Vice Chairman Ed Woodward will replace him. Although he is no longer to be CEO, Gill will stay on with the company as a director.

He has been CEO for nearly 10 years, advancing to the job in September 2003. He joined the club in early 1997 in the position of finance director.

In the press release announcing the move, Manchester United quoted Gill as saying that he was "of the view that all businesses need to refresh themselves with new management and ideas, and after 10 years in charge, I believe it is appropriate for someone new to pick up the baton."


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2267131, ~/Articles/ArticleHandler.aspx, 11/26/2014 7:29:59 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement