O’Reilly leaves Independent Newspapers; O’Brien consolidates as chief shareholder…

Yesterday an Irish dynasty came to a fairly sudden end. Within hours of a mystery buyer taking 2 per cent in Independent Newspapers, Gavin O’Reilly bowed out as Chief Executive of Independent Newspapers. It’s all change at the newspaper group, with Vincent Crowley stepping up to take on the job of Chief Executive but not it’s not yet clear where (if anywhere) the balance of power on the board now rests. Interestingly on Twitter, Simon Kelner of the London Independent …

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