Group development director David Holland is set to retire and will leave at the end of April while group commercial director Bob Caley will leave at the end of the month. Group purchasing director Chris Barker will assume Caley's responsibilities.
In a statement Hibbert said: With the new structure in Spain, Chris and I have decided that it is the right time for him to move to start a new challenge. Chris other responsibilities, particularly for Polestar Hungary and with the BPIF, will be picked up by other board members.
Last October Pavlosky was named as chairman of the Polestar / Grupo Prisa joint venture in Spain and is also vice president of the BPIFs board of directors.
He joined the group in February 2000 from the brewing industry and was widely tipped to become chief executive following the departures of Tony Rudston and Jim Brown. He was believed to be on a renumeration package of around 700,000 a year. Instead, Barry Hibbert was given the job in July 2001.
The board of Polestar would like to take this opportunity to express its gratitude for the excellent work Chris, David and Bob have done for the group and wish them every success in the future, said Hibbert.
See earlier story here
Have your say in the Printweek Poll
Related stories
Latest comments
"Well done all involved... great to see the investment to increase the productivity in the same footprint- much more sustainable than popping another one up."
"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
Up next...
Andrew Whyte takes reins
MBO at LT Print Group ensures smooth transition
Educational day in Yorkshire
Northern Stationers see historic print and more in York
Supporting growth in new and existing markets
WTTB backs digital intentions with new e-commerce specialist
Investment in e-commerce fulfilment