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Michael Doorly will take up his new role immediately

INM appoints Michael Doorly as new CEO

Independent News & Media has appointed Michael Doorly as its new Director and CEO, following the departure of Robert Pitt last week.

Business • 18 Oct 17

INM said Mr Pitt 'has decided to leave the business, with effect from Friday, 13 October 2017, to pursue other interests'

INM CEO Robert Pitt to leave company

Independent News & Media Chief Executive Robert Pitt is to leave the company with effect from tomorrow, according to a statement from the company.

Business • 12 Oct 17

Businessman Denis O'Brien is the largest shareholder in INM

INM pre-tax profit falls by almost 20% in H1

Independent News & Media has reported its pre-tax profit was down 19.5% for the first six months of the year to €14.9m when compared with the same period in 2016.

Business • 23 Aug 17

The company was required under the minimum standard fund rules to put €24m into the employee defined benefit scheme

INM moves to address staff concerns over pension funds

Independent News & Media has moved to address serious concerns among staff and trustees of its employee pension funds.

Business • 21 Jul 17

Yesterday INM issued a profit warning, which saw its share price fall 14%

INM shares plunge for second consecutive day

Shares in Ireland's largest newspaper group, Independent News and Media, have plunged for a second consecutive day.

Business • 20 Jul 17

Kennedy to step down from INM board next month

Independent News and Media said that Jerome Kennedy is to step down from the company's board next month.

Business • 14 Jul 17

The development follows a review by consultancy group Deloitte

INM reclassifies two directors as non-independent

Independent News & Media (INM) has reclassified two of its directors as no longer being considered independent.

Business • 28 Apr 17

Robert Pitt says media industry is challenged by uncertainty relating to Brexit and other international results

INM CEO Pitt declines to comment on disclosure reports

Independent News and Media has declined to comment on reports that the company's CEO Robert Pitt made a disclosure to the Office of the Director of Corporate Enforcement.

Business • 21 Mar 17

Colum Kenny said he had 'difficulties' appearing before the committee

Witness says appearing before committee 'awkward'

A witness before the Oireachtas Committee on Communications, which is examining the proposed acquisition of CMNL Limited by Independent News and Media, has expressed concern over being before a committee of which Michael Lowry is a member.

News • 07 Feb 17

In a statement this evening INM said it 'reiterates that it will continue to make a significant pension funding contribution of €11.1 million per annum from 2013 to 2023'

INM talks with pension trustees ongoing

Independent News & Media confirmed following a board meeting today that discussions with pension trustees in relation to the restructuring of pensions are ongoing.

Business • 15 Dec 16

INM is just one of many companies that are closing down DB schemes, which used to be viewed as the 'Rolls Royce' guaranteed schemes

ICTU calling for emergency pensions legislation

The Irish Congress of Trade Unions has called on the Government to introduce emergency legislation to prevent solvent companies from walking away from pension schemes.

Business • 14 Dec 16

Current and former employees protested outside INM's EGM over significant cuts to their pension entitlements

Varadkar consults AG over INM pensions issue

Social Protection Minister Leo Varadkar has consulted Attorney General Máire Whelan about the pensions controversy at Independent News and Media.

Business • 07 Dec 16

The move announced today is the final phase of INM's recapitalisation and financial restructuring

INM proposes capital reduction

Independent News and Media has proposed a restructuring of its balance sheet through a capital reduction as well as the cancellation of authorised deferred shares.

Business • 10 Nov 16