Geordie Greig to step down as Daily Mail editor amid leadership reshuffle
Geordie Greig is leaving his job as editor of Mail Newspapers after ten years in the role.
Ted Verity has been appointed as his replacement, a position that will include overall responsibility of the Daily Mail and The Mail on Sunday of which he has been editor for the last three years. It comes a day after the Daily Mail and General Trust (DMGT) announced the chief executive of its publishing arm, dmg media, would be leaving after 25 years and replaced by two of the newspapers veteran staff.
In a statement Lord Rothermere, the chairman of DMGT, said: “Under Geordie’s leadership, the Daily Mail has continued to inform and entertain millions of readers with the very best journalism, becoming the biggest-selling newspaper in the UK and winning multiple prizes for Daily Newspaper of the Year.”
“I know that Ted, who has been an exceptional editor of The Mail on Sunday, is a Mail journalist to his core and uniquely placed to oversee the next chapter for our newspapers,” he added.
Outgoing editor Geordie Grieg said: “I look forward to new opportunities ahead and will bring the best of what I learnt from my years at the Mail on which I first joined in 1983 as its most junior reporter on the graveyard shift.” He will remain at the Mail as a consultant editor.
The leadership shake up comes as the Daily Mail and General Trust, which also publishes the Mail titles, Mail Online, Metro and i, prepares to go private through a deal valued at £3.1bn which would give Lord Rothermere full control over the paper.
The Rothermere family, which founded the Daily Mail in 1896 and parent company Daily Mail and General Trust in 1932, has offered 255p per share pricing the newspaper business at £850m. Lord Rothermere currently owns 35 per cent of company shares and retains possession of 100 per cent of investor voting rights.
Under Harmsworth Rothermere the company has undergone its transition from digital to print with the launch of the Mail Online in 2003, one of the world’s most read media sites. The business is currently in the process of a major reorganisation, making a series of high profile disposals and acquisitions in recent years. DMGT bought the New Scientist magazine for £70m in March and snapped up the i newspaper in a £49.6m deal two years ago.
Read more: Rothermere passes final hurdle to taking Daily Mail private