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Archant chief executive Jeff Henry steps down after five years

Archant chief executive Jeff Henry is stepping down this week after five years at the regional publisher, staff have been told today.

Henry (pictured) joined Archant in September 2014  with the goal of making it “the most progressive local media business in the UK”.

In an email to staff this morning, seen by Press Gazette, it was revealed that Henry had decided to step down at the end of this week.

He said: “The company has progressed on so many fronts and I am very proud of our transformational achievements during times of great change for the publishing industry.

“It’s been an honour to be part of the Archant story.  It is now time for me to move on to new ideas and opportunities.”

The publisher is also losing its chief operating officer and chief financial officer Brian McCarthy after 15 years at the end of this month.

The company is recruiting a new chief financial officer.

Archant chairman Simon Bax, who joined the company in April 2014, will take up the newly created role of executive chairman in the wake of Henry’s departure.

Bax has previously worked as chief financial officer at advertising agency Chiat/Day, Fox Filmed Entertainment, and Pixar Animation Studios.

He said Henry had “positioned Archant as an innovative and dynamic company, as evidenced by the unique and exclusive relationships with companies such as Hearst and Google.

“Whenever I meet our staff, I am truly engaged by their creativity and passion. Our transformational journey continues and I look forward to working even closer with our teams to build a successful future for Archant.”

Archant announced last week that it has secured a multi-million pound three-year partnership with Google to search for a way to make local news pay online.

Archant publishes more than 50 newsbrands including the Eastern Daily Press in Norfolk, the East Anglian Daily Times in Suffolk and the Ham and High in London.

It also prints more than 60 regional magazine titles and a number of specialist brands.

Picture: Bill Smith/Archant

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8 thoughts on “Archant chief executive Jeff Henry steps down after five years”

  1. Quite how Jeff Henry and Simon Bax can attempt to convince anyone that a total revenue decrease from £95.5m in 2017 to £87.2m in 2018 and advertising and other revenue, including digital, down from £70.9m to £64.2m.to be anything other than complete and utter failure is staggering,
    this year’s full and half years figures will be even worse than that under their stewardship.

    It’s this acceptance of underperformance at the highest level that casts serious doubts as to the suitability of those at the top to manage the business any longer, enough is enough,at least if either had held their hands up they might have retained a small part of what little credibility they have left.

    For the chairman to state in his last report that the company has titles which are “…Connecting local businesses with their customers” shows just how misinformed by the yes men or out of touch with the reality of the business at ground floor level he really is,either that or he can’t see beyond the smoke and mirrors his minions are giving out to justify their salaries.
    Archants competitors are the ones connecting communities to local businesses, not brands such as the EDP or the local weeklies, those titles are so far removed from communities they were once essential in as to not even be considered competitor to majority of the new independent community news providers any longer.

    Time to speak to the people no longer buying the papers Mr Bax, the businesses no longer advertising and the staff who are working harder than ever for longer hours and with no more money.

    It’s good to see the tree bring shaken at last but there’s much more deadwood needing to be cut out at the top and in the middle before any hope of partial regrowth can happen.

  2. Hey Geoff!
    Next time you’re in London ‘swing by’ Matthew Kelly’s office and say hello from all of us workers.

    While you’re there remind him the company also has a head office (which it can’t sell ) and branch offices (what few are left open these days) tucked away off the beaten track and hidden from view which he might want to swing by himself sometime.

    it’s unlikely I know but at least the offers there

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