Scottish League 1 Rangers have appointed former Man City COO GRAHAM WALLACE as its new CEO, according to the Scotland DAILY RECORD. The Dumfries-born businessman "will also join the Rangers International Football Club Plc board of directors as well as the club's board with immediate effect." Wallace "has experience in international management and executive roles," including four years at Man City, IMG and MTV Networks Europe (DAILY RECORD, 11/20). In Edinburgh, Gareth Mackie reported Wallace joined Man City as CFO in March '09 and was promoted to COO in Oct. '10, before leaving the club at the start of this year. He was previously senior VP and CFO at IMG (SCOTSMAN, 11/20). The BBC reported Rangers are due to hold their Annual General Meeting on Dec. 19. Proposals to make former Chair MALCOLM MURRAY as well as PAUL MURRAY, SCOTT MURDOCH and ALEX WILSON directors "will be on the agenda" (BBC, 11/20). STV reported despite taking up his role immediately, Wallace "will have to be re-appointed at the annual general meeting." In a statement, Wallace said, "For more than 140 years, this club has been recognised throughout world football and whilst the last few years have been distressing, there is no reason why Rangers cannot be even stronger than we once were before these challenges presented themselves. That strength will be built upon strong leadership of the club and the continuing support of the fans" (STV, 11/20).
