Former U.K. Channel 5 Chief Dawn Airey Exits RTL Group

The British TV high-flier will leave the pan-European broadcast giant at the end of this week on the eve of MIPTV.

LONDON -- Dawn Airey, the former Channel 5, Sky and ITV high-flier, is to exit pan-European broadcast giant RTL Group after almost five years.

Airey, President U.K. TV at CLT-UFA, secured the role she's in following Richard Desmond's acquisition of Channel 5, where she was chairman and chief executive, from RTL for $156.4 million (£103.5 million) in 2010.

Airey told RTL she felt it is the right time to pursue new projects.

Airey officially leaves RTL, which also owns The X Factor co-producer FremantleMedia, at the end of the week.

RTL co-chief executives Anke Schaferkordt and Guillaume de Posch said in a joint statement: "She [Airey] had the difficult task to lead and to restructure [Channel] 5 through the midst of the financial crisis of 2008 and 2009, before RTL Group sold the channel in 2010."

They added: "Dawn has always been a strong and positive chief executive to work with. We'd like to express our deep appreciation for all that Dawn has accomplished as chief executive of [Channel] 5 in those years, and afterwards for RTL Group, when Dawn assisted the group in various development projects."