Andrew Mullins, managing director of the Independent and the Evening Standard, is to join Informa, the FTSE 250 publisher of insurance bible Lloyd’s List, it was announced today.
Informa chief executive Stephen Carter has recruited Mullins and another leading media boss, Patrick Martell, chief executive of listed printing and marketing firm St Ives.
Carter, who took charge in January, is reorganising Informa into four divisions: academic publishing, business intelligence, events, and a training-and-conferences arm, called knowledge and networking.
Mullins will head knowledge and networking and Martell will run business intelligence. Existing Informa staff will oversee the other divisons.
Carter, a former business minister under Gordon Brown and head of media regulator Ofcom, said the “measured change” will simplify the business as Informa shifts from print to digital and live events.
Mullins has run the Evening Standard since 2007 and expanded his role by overseeing The Independent and launching i newspaper and TV channel London Live.
Investec bank welcomed Carter’s “sensible” changes as “evidence of a more proactive plan”. Shares rose 1.6p to 472.3p.