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flag Jim Mullen leaves Reach, the UK's largest newspaper publisher, to head The Jockey Club, causing shares to drop.

flag Jim Mullen, CEO of the UK's largest newspaper publisher Reach, has stepped down after nearly six years to lead the horse-racing company The Jockey Club. flag Piers North, Reach's current chief revenue officer, will replace him. flag Reach, which publishes popular titles like The Mirror and The Express, reported better-than-expected full-year earnings recently. flag Shares in Reach fell up to 8% following the announcement.

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