Informa Plc, an international publishing, business information and events company, has announced that Peter Rigby will retire as Group Chief Executive at the end of 2013. Stephen A. Carter, currently a non-executive board director, will succeed him on January 1, 2014.
Peter first joined Informa in 1983 and has served as Chief Executive or Executive Chairman since 1988. Under his leadership, Informa has grown from a company valued at a few million pounds to a business with a market capitalisation exceeding £3 billion.
Stephen A. Carter (49), who has been an Informa board director since 2010, was formerly President/Managing Director EMEA and President/Managing Director Global Managed Services at Alcatel-Lucent, the telecommunications and technology group. Before joining Alcatel-Lucent, he worked in a number of senior roles in the media and communications sector, including serving a term as the Founding Chief Executive of Ofcom, the UK Communications Industry Regulator.
The orderly leadership transition follows a sustained period of growth at Informa, which now employs more than 7,000 people across its Academic Publishing, Events and Business Information operations.