Talking of chairmen, though an executive one this time, Virgin Radio's Executive Chairman Richard Huntingford will resign following the station's acquisition. It was confirmed over the weekend that Absolute Radio parent company Times Of India Group will buy the national station, though will not get the rights to use the Virgin name, because Branson, who controls the use of the Virgin name, has a stake in a rival Indian media firm. Hungtingford, who has been in the Chair job at Virgin Radio for less than a year after stepping down from the top job at Chrysalis Radio after its takeover by Global, will stay with Virgin for three months to oversee the transfer, and then step down.
Jun 3, 2008
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1 min read
Virgin Radio chair to step down after takeover
Virgin Radio Executive Chairman Richard Huntingford will step down after Absolute Radio parent Times Of India Group buys the station, which cannot use the Virgin name.