The broadcaster has pulled out of talks with the former Sky chief executive Ball, who was reported to be seeking a £20 million remuneration package over five years, due to "a number of substantial differences".
ITV said that these included "failure to fully agree contractual arrangements, together with a disagreement over the future chairmanship".
It has emerged that Michael Grade, the current executive chairman, will stand down as chairman and that ITV’s plans to appoint a new chairman are well advanced.
Previously, Grade had planned to continue as chairman following the appointment of a new chief executive.
However, it will now fall to the new chairman to appoint a new chief executive, which could delay the appointment process.
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