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PA Group appoints James Murdoch as non-executive director

May 22nd, 2008Posted by in Uncategorized

James Murdoch, chairman and chief executive, Europe and Asia News Corporation, has joined the PA Group board as a non-executive director.

Murdoch’s appointment, which was announced today as the group released its financial report for 2007, is one of a series of changes to the board with Sir Harry Roche stepping down after 20 years as a director and 13 years as chairman.

The group announced a 25 per cent growth in revenues from its digital business, but a drop of £1.2 million in its total operating profits.

The fall from £2.6 million in 2006 to £1.4 million in 2007 was a result of significant multimedia investment, the group said.

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