The official line is that GMG CEO Andrew Miller will be standing down as chief executive and leaving Guardian Media Group at the end of June because he could not give the board a long-term commitment:
GMG and GNM are now embarking on the next major transformation programme and the GMG Board understandably wants a chief executive who is able to see that process through over an extended period of time. Given my desire to move to new challenges, I was unable to give the GMG Board the assurances they were seeking in this regard.
Miller was responsible for the cynical tax strategies that saw hundreds of millions in revenue producing Guardian owned assets held offshore in the Caymans tax haven whilst simultaneously the Guardian campaigned against the practice in editorials. The shifty tax strategies kept the Guardian afloat and built an endowment that will allow the paper to lose money almost in perpetuity. Hypocrisy in print and pixels…
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