The BBC has named Michael Grade its new chairman.

LONDON (Hollywood Reporter)--The BBC has named Michael Grade its new chairman.

Grade, the former CEO of Channel 4 in London, replaces Gavyn Davies, who exited in the wake of criticism in the Hutton Report.

The appointment requires the ratification of the British prime minister, the Privy Council and the Queen of England.

Grade is a former director of television at the BBC and currently executive chairman at Pinewood Shepperton studios.