David King was previously at Time Out Group, the print and digital entertainment information business, where he was CEO until 31 July 2012 and has since then been working as a consultant, most recently at Johnston Press. During his four years at Time Out he restructured and refinanced the business, returned it to profitability and sold a 50% equity interest to private equity.
For the nine years prior to Time Out David was Chief Financial Officer of BBC Worldwide, overseeing profits increasing to £100m on turnover growing from £354m to over £800m. He was appointed to the Board of BBC Worldwide in 1999, having held a number of senior financial roles within the BBC and BBC Worldwide.
David's early career saw him qualify as a Chartered Accountant in 1984 before working for a Citibank/Storehouse plc Joint Venture and then subsequently joining Coopers & Lybrand in 1988 where he spent six years as a management consultant working with a number of FTSE 100 companies.
Commenting on David's appointment Chairman Ian Russell said "I welcome David to the Johnston Press Board and believe that his wealth of relevant experience will prove him to be an excellent choice of successor to Grant. Meanwhile I would like to thank Grant on behalf of the Board for everything he has done for Johnston Press over the last two years and wish him well for the future."
