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IN BRIEF: ITV picks former hotelier Andrew Cosslett as new chair

ALN

ITV PLC - London-based television broadcaster and content producer - Hires the former chief executive of InterContinental Hotels Group PLC to be its new non-executive chair, replacing Peter Bazalgette. Andrew Cosslett will join the ITV board on June 1 and take over as chair from Bazalgette on September 29. Cosslett currently is chair of DIY store chain Kingfisher PLC and previously was chair of Rugby Football Union, the governing body for rugby in England.

Current stock price: 81.44 pence, down 1.7% on Thursday

12-month change: down 33%

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