On October 8, 2009
ITV Chair Candidates Need No X-Factor
Headhunters pride themselves on discretion that looks more like secrecy. So why do nominations committees play out the recruitment process in the glare of publicity? Once, the first the world knew of a top appointment was its announcement to the stockmarket: now the shortlist is likely to be printed in the press and pulled apart by shareholders. Latest victim of this humiliating public scrutiny is Sir Crispin Davis. The former Reed Elsevier chief executive was named as a candidate for the ITV chairmanship, rubbished by investors for his record at the publishing group and has now withdrawn from the selection process. He has suffered all the downside of a high-profile corporate role without receiving any of the rewards. If anything,…
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