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David Gilbertson to step down at Emap

Apax Partners and Guardian Media Group have announced that David Gilbertson is to step down from his role as chief executive officer of Emap International Ltd.

An announcement regarding succession plans will be made in due course.

Irina Hemmers, a partner at Apax Partners, who chairs the board overseeing Emap, said: “David has led Emap with distinction over the last three years. He leaves the business in good shape and well placed for growth. The shareholders are grateful for his contribution and he goes with our best wishes for the future.”

David Gilbertson (pictured) said: “It has been my complete privilege to lead Emap for the last three years. It is a first-class business with some of the strongest brands in all B2B. It has proved to be highly resilient through the challenges of recession and is now on target to return to growth this year.

“Recession has extended the likely period of private equity ownership for the business, making this an opportune moment for new leadership to take the company on to its next phase. I wish Emap, its staff and its shareholders every success as the business continues to progress.”

Emap’s ultimate holding company is jointly owned by funds advised by Apax Partners, and Guardian Media Group.