- Reds' CEO will step down in June after 10 years in charge but remain on club board
- Executive vice chairman Ed Woodward to assume responsibilities, with Richard Arnold being promoted to Group Managing Director
(NYSE:MANU) David Gill is to step down from his position as chief executive of Manchester United plc, with effect from 30 June 2013.
David, 55, joined the board in February 1997 as finance director and has been its chief executive since September 2003. He is to remain a director of Manchester United Football Club.
Executive vice chairman Ed Woodward will assume his responsibilities.
David was appointed the vice chairman of the English Football Association in October 2012 and has been nominated as its candidate in the upcoming UEFA Executive Committee elections in May 2013.
Announcing his departure, David Gill said:
“It has been the greatest privilege to serve Manchester United for 16 wonderful years – the last 10 of which as its chief executive. I have worked alongside the finest manager in the history of the game and been part of what I consider to be the best club in the best sport in the world.
“It has been a very hard decision because I love this club and, as the fans’ banner says, it is, ‘more than a religion’.