LONDON - ITV's search for a new chief executive has narrowed with Simon Fox, chief executive of HMV, ruling himself out of the running.
Fox, who was seen by some as a frontrunner for the job despite having no media experience, has told the HMV board he would stay to see through the retailer's restructuring plan, according to reports.
His decision clears the way for other candidates including John Cresswell, ITV's current chief operating officer, and Tony Ball, former chief executive of BSkyB to replace Michael Grade who is standing down before the end of the year.
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