Informa’s finance boss quits after Datamonitor deal
City shocked after FD steps down from business publisher days after £502m acquisition
Informa’s finance director has quit just days after the business publisher
and events organiser gained control of research group Datamonitor in a £502m
Tony Foye, 44, who earned £631,000 last year, has resigned to ‘seek new
opportunities outside the group’, Informa said.
He has been finance director at Informa since its acquisition of academic
publisher Taylor & Francis in May 2004, having previously held the same
Foye was recruited by T&F in 1987. Since joining Informa, he played a key
role in its £768m acquisition of events group IIR and the purchase of
Datamonitor, and the City was shocked by his departure.