- Daily Mail and General Trust chief executive Martin Morgan will retire fro the post and from the DMGT and Euromoney Institutional Investor boards with effect from 31 May.

He will leave DMGT with effect from 30 June but will undertake an advisory role for a 12 month period from January 2017.

DMGT has appointed Paul Zwillenberg as CEO with effect from 1 June. Zwillenberg is currently Global Leader Media Sector for The Boston Consulting Group, based in London, and has worked closely with DMGT for 20 years.

He brings to the role a breadth of experience across the B2B and media sectors of DMGTs portfolio and a broad knowledge of the Group. Earlier in his career Paul Zwillenberg was Managing Director, dmg media Digital (formerly Associated Newspapers digital).

Lord Rothermere said: "DMGT owes Martin a debt of gratitude for his 27 years service and his leadership of the Groups transformation. Pauls strategic insight and close involvement across our portfolio over the last 20 years means that he is ideal for the role of CEO at this exciting time for our diversified businesses."

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