Gerry Murphy looks likely to remain ceo of British media group Carlton Communications after rejecting the chief executive’s post at retail group Kingfisher, owner of 1,400 stores in seventeen countries, including the B&Q, Comet and Castorama chains.

Murphy was reportedly the number one choice of Kingfisher chairman Francis Mackay to replace outgoing ceo Sir Geoffrey Mulcahy.

However, Murphy indicated that at present he plans to stay at Carlton, one of the two dominant shareholders in commercial broadcasting giant ITV.

“I've not agreed to work anywhere else with anyone else,” he declared. “I’ve not asked for nor been offered any special terms to stay at Carlton. On the contrary, I'm fully engaged in Carlton's business as I have been since the day I arrived.”

Data sourced from: Financial Times; additional content by WARC staff