Piers North Named CEO of Reach as Jim Mullen Departs for New Role

Jim Mullen steps down after nearly six years, with Piers North taking over leadership during a pivotal stage of the company's digital transformation.

Jim Mullen has stepped down as CEO of Reach Plc with immediate effect and will become group chief executive of The Jockey Club starting June 1, 2025.
Piers North, formerly chief revenue officer at Reach, has been appointed as the new CEO, bringing over a decade of digital media experience to the role.
Shares in Reach fell by up to 8% in morning trading following the announcement of Mullen's departure.
Reach reported a 6% rise in 2024 profits to £102.3 million, despite a 5% decline in revenue, driven by significant cost-cutting measures and a late-year recovery in its digital business.
The leadership change marks a strategic shift as Reach continues its digital transformation, with further cost reductions planned in 2025 to address ongoing industry challenges.