Johnston CFO to step down

THE chief financial officer of regional newspaper publisher Johnston Press has resigned to "pursue another business opportunity".

Johnston, publisher of the Yorkshire Post, said Stuart Paterson will be leaving the company after it announces full-year results in March.

The group said it has already started looking for his successor. Mr Paterson joined the board in 2001.

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Chief executive John Fry said: "Stuart will be greatly missed by the Johnston team. He has been of great support since I joined the company last year and I am pleased that he will be able to stay with us until March of next year. The board wishes him every success in the future."

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