Board change at Scotsman owner
Russell steps down as Johnston Press chairman
He will cease to be a director of the company with effect from 31 December.
Camilla Rhodes, currently senior independent director, will become interim chairman from 1 January until a permanent replacement has been found.
Mr Russell replaced Roger Parry as chairman in 2009. He is a former chief executive and finance director at ScottishPower.
Ashley Highfield, chief executive, said: “I’d like to thank Ian for his tireless work on behalf of Johnston Press, first as a non-executive director and, since 2009, as chairman.
“His guidance and advice have been invaluable to me and his board colleagues throughout that time and he will leave with our warmest best wishes.
“Camilla Rhodes has huge experience of both our company and our industry and I look forward to working with her in the coming months while we identify a permanent successor to Ian.”