ITV expected to name Michael Grade as its new executive chairman

ITV is one of the Britain’s biggest commercial broadcaster and they are now likely to name Michael Grade as their new executive chairman.

Grade has been a great catch for the company as he was till now the Chairman of British Broadcasting Corp.

More details are expected to come later today. ITV’s former Chief Executive Officer Charles Allen had stepped down two months ago.

The company had recently rejected a 4.73 billion-pound offer from NTL last week and they can really gain from the experience of Grade to improve their position in the UK market.

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