Future, one of Europe’s biggest and most successful digital media companies, has seen more than £300m wiped off its market value after the company said that chief executive Zillah Byng-Thorne is to step down after almost a decade.
Byng-Thorne, who has made more than £35m transforming a magazine publisher facing collapse into a £1.7bn digital media empire, has told Future that she intends to step down by the end of the next year.
