LONDON: Sir Peter Burt, chairman of beleaguered British broadcaster ITV, declared this week he is staying put for the foreseeable future, despite widespread speculation that he would stand down as soon as a new chief executive is appointed.

Some ITV investors have expressed concern that candidates for the ceo role could be deterred by the lack of clarity surrounding the chairman's position.

Burt has now put this straight: "I have no intention of going until the board and I decide it is in the interests of shareholders that I go," he told the Financial Times.

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