STV’S chief executive, Rob Woodward, is to step down after 10 years in the role.

The Scottish broadcasting group confirmed that Woodward will leave his position within 12 months, with STV’s nomination committee to begin the process of finding a successor.

Woodward said: “We have made a positive start to 2017 including the launch of new channel, STV2, and further commissions secured for STV Productions.

“As I confirm my decision to pursue fresh challenges after leading the company for the past ten years, I am passionate about STV and its prospects to continue to deliver sustainable profitable growth for our shareholders.

STV chairwoman Margaret Ford said: “The board is indebted to Rob for his exceptional contribution to the turnaround of the group and his commitment and passion in driving positive growth over the past ten years.

“He has built a strong legacy.

“With a first class leadership team and staff and highly engaged board in place the company is well positioned to realise its future growth potential and continue to deliver to shareholders.”