The Irish Times Limited yesterday announced a number of structural reforms including the following:
i. In future the number of directors who are also members of The Irish Times Trust Ltd will be confined to three.
ii. The board will instead include a number of non-executive directors who are not members of The Irish Times Trust Ltd.
iii. Voting rights will be revised so that each director will have one vote. [Provision will be made to safeguard the ethos, quality and standards of The Irish Times]
iv. The existing system of rotation of the membership of The Irish Times Trust Ltd is being amended to provide for regular change and to facilitate this a number of existing directors will retire/resign over the coming year.
