CHIEF executive of the dmg media is stepping down after 25 years, triggering a leadership shakeup.

Kevin Beatty, the chief executive of dmg media, is retiring after 25 years with the company and DMGT has announced plans to hand over leadership to internal hires with experience at the company.

Effective from today, Rich Caccappolo, the current chief operating officer of the Mail Online, will take over as chief executive while James Welsh, the current deputy chief finance officer at DMGT, will become the deputy chief executive.

Lord Rothermere, the chairman of DMGT said, "Rich and James are a formidable team, having both played integral parts in our success to date. I am confident that they are the right people to lead us through this next exciting phase of our development."

(c) 2021 City A.M., source Newspaper