The chief executive of magazine publisher Future is to step down from the top job at the end of 2023 after nine years in the role.
The Bath-based company has denied Zillah Byng-Thorne has resigned, saying she has "informally indicated" she would like to leave the business. Shares plunged 17.56% on the news of the announcement.
Future said it had "made it clear" in last year's annual report that chief executive succession planning was an "ongoing focus" of the board and nomination committee.
