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Archant chairman to retire at end of year

Archant has today announced that its chairman, Richard Jewson is to retire at the end of 2013, after 17 years in the post, and the board has appointed his successor, non-executive director Richard Wyatt.

“I have been honoured to serve as both a director and chairman of Archant for the last 31 years,” said Richard. “During that time I have seen Archant grow from a small newspaper company in East Anglia into a successful community media business operating across the UK.

“I have always intended to retire by the time I reach 70 and this is a now a good time to hand over to my successor, Richard Wyatt, to whom I wish all success.”

Richard Wyatt (aged 54) will take up his position from January 1, 2014. He has been a non-executive director at Archant since 2005.

Richard is Chairman of Loudwater Investment Partners Limited and media agency the Engine Group and is also a senior advisor of NM Rothschild and a trustee of Aldeburgh Music. He was formerly a managing director of Schroder Securities and Lazard.

“I am delighted to have been appointed as chairman of Archant,” he said. “I would wish to pay the strongest of tributes to Richard Jewson, who has contributed to the success and growth of Archant for more than 30 years.

“He is, and will remain, a source of wise counsel for me, and I wish him well in his retirement.”

Adrian Jeakings, Archant chief executive, said: “Richard has played a major role in the development of Archant. He has been hugely helpful to me since I took on the role of chief executive and I wish him every happiness in his retirement.

“I am delighted that Richard Wyatt has accepted the position of Archant chairman and look forward to working with him in the future.”