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Home»News»Finance»Telegraph finance chief to leave amid Abu Dhabi deal probe
Finance

Telegraph finance chief to leave amid Abu Dhabi deal probe

adminBy adminDecember 31, 2023
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Saturday 30th December 2023 10:30 GMT

The finance chief of The Daily Telegraph’s parent company is to leave amid a government-commissioned probe into the newspaper’s takeover by a state-backed Abu Dhabi investment vehicle.

Sky News has learnt that Cormac O’Shea, who has been Telegraph Media Group’s (TMG) chief financial officer since the autumn of 2021, is likely to step down in the next couple of months.

This weekend, insiders said the independent directors of the broadsheets’ holding company – who were initially appointed by receivers and have stayed on…



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