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Trinity Mirror Regionals MD set to leave company

Rachel AddisonThe managing director of Trinity Mirror Regionals is set to leave the business, the company has confirmed.

Rachel Addison, left, joined the publisher at the time of its 2015 merger with Local World, of which she was chief operating officer.

After overseeing the integration project between the two groups she then went on to become MD of Trinity Mirror Regionals.

Her forthcoming departure signals a return for TM’s former chief operating officer Mark Hollinshead who has been drafted in to lead a strategy review of the regional division.

Trinity Mirror has confirmed the changes to HTFP but the company has declined to comment further.

Rachel had been involved in the regional press since 2005, when she became regional finance director for Northcliffe after joining the company from Boots.

Between 2009 and 2012 she served as group finance and executive director, before taking on the COO role for Local World.

Mark was chief operating officer of TM until 2014 when he left to become group chief executive with Nova International, the Newcastle-based sports management business which owns the rights to the Great North Run.

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  • May 26, 2017 at 11:20 am
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    The main point in this piece for me is the long awaited strategy and commercial review which is something I applaud, not just at TM but at all other regional publishers who desperately need to control costs and cut out the deadwood holding the business’s back by incurring huge costs whilst contributing nothing to the bottom line.

    With ad revenues at all time lows and falling further period by period it’s time all the big players took a serious look at the effectiveness ( or otherwise) of their commercial advertising teams,individuals and operations ,not just the editorial and production teams who have been subjected to more than their fair share of job cuts, most ad sales people are on good salary and bonus packages at a time when ad revenues continue to fall alarmingly.
    Irrespective of the reasons why ad sales are so bad the fact is with less revenue coming in, fewer ad sales people will be needed and certainly far fewer managers needed to manage them.

    One only has to look at the figures to see areas of vast under performance yet the teams continue to grow, More pressing is a review of the number of managers and assistants and those with pretentious job titles but who add little or nothing to the profitability of the business, again with huge costs associated with their roles.

    A positive step in the right direction TM and something others would do well to follow .

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  • May 26, 2017 at 11:28 am
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    And we all know what “strategy review” means, ultimately.

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  • May 26, 2017 at 11:47 am
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    So is that everyone from Local World now? Great ‘merger’ – well done, TM…taking full advantage of the great opportunity that you might actually learn something from the highly-experienced staff of another company’s publications. Fools.

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  • May 26, 2017 at 1:27 pm
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    I understand from insiders that it’s been like some sort of bizarre reverse takeover. Mediocre ex-LW people being promoted while good TM people have been cast aside. Hopefully this is the start of the end of the Local World love affair.

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  • May 26, 2017 at 4:47 pm
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    3 years ago when hollinshead left TM he said “…I’ll be sad to leave but pleased I am doing so when the business is in such good shape.”

    I wonder where it went wrong and what he will think of things on his return?

    commercial reviews ARE desperately needed across the industry in order to review and remove the underperforming parts which are aligned to high costs and low returns
    a situation that’s gone unchecked for years while staff in other departments have been ruthlessly cut out

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  • May 31, 2017 at 8:31 am
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    Gigglewitch has a point. I found myself on the wrong end of a TM takeover many years ago, and exactly the same thing happened. Unlike the Romans, who used to keep and promote the best of what they found as the empire grew, TM always appears to prefer to erase all trace, insisting it always knows best. Fine. It’s certainly one way of doing it, but why can’t they just admit that that’s how it is? Much fairer to all concerned…

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