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Worldwide search for new PMP chief

Thursday, 01 September 2005
By Print 21 Online Article

David Kirk will leave his position as CEO of the financially pressured PMP in late November, beaming out to seek new worlds and civilisations as CEO of Fairfax. PMP has called upon the services of recruitment firm Korn Ferry International in the search for a replacement star captain.

The company’s board insists its operations will not be impacted by Kirk’s departure, citing its current management team and high-profile press installations as evidence the company will bounce back from its recent profit drops and capacity issues.

Graham Reaney, chairman of PMP, emphasised the “beneficial changes” that occurred underneath Kirk’s leadership. These include the company’s change in strategic direction, as well as the appointment of a new management team, with Malcolm Shield due to clock in as managing director of the vitally important printing division in October.

“This new team has developed clear growth strategies and restructured a number of divisions,” says Reaney. “The benefits of this work will be progressively realised over the next two years.”

Kirk thanked the board of PMP for their support of his agenda of change over the last two and a half years. “I am confident an excellent management team is in place to take the company forward.”

The resignation comes at a time of strain for PMP, with its annual general results revealing its profits taking a hit following problems with printing capacity. Kirk claimed the company was poised to bounce back following its series of high-profile press installs.

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