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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Randall turns up the heat on Trinity's Sly

The Daily Telegraph's business commentator, Jeff Randall, wonders whether Trinity Mirror's chief executive, Sly Bailey, is about to be forced out of her job by unhappy investors. In her early days, he says shareholders were singing, "Sly me to the moon". Then financial gravity kicked in as the stock price plunged once more and the same investors who'd been cheering her were suddenly booing because Trinity's prospects for revenue growth had evaporated. Bailey can't be blamed for newspaper customers preferring to stare at screens, but the City doesn't want to hear problems, only solutions. So she could well follow ITV's ceo, Charles Allen, out of the corporate door. (Via telegraph.co.uk)

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