The Week: People News - Moloney quits Emap

Tom Moloney, the chief executive of Emap, left the company suddenly last week, fuelling rumours that the company might be taken over or broken up. Moloney's departure followed a series of profit warnings and shareholder criticism over the group's digital strategy. Emap has appointed Zygos, the headhunter behind Michael Grade's appointment at ITV, to find a replacement.

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