Owner of the Tenby Observer (and sister papers the Narberth and Whitland Observer and Pembroke and Pembroke Dock Observer), Sir Ray Tindle, has stepped down as chairman of Tindle Newspapers and is handing over the day-to-day management of the company he founded to his son.

After more than 60 years at the helm, Sir Ray announced that his son Owen Tindle has taken on the chairmanship of Tindle Newspapers, with Sir Ray, who celebrated his 90th birthday last year, continuing to serve as the company’s president.

Announcing the succession at a management conference in Kent last week, Sir Ray thanked Owen “for all you and your colleagues have done these last months and years.”

Sir Ray said: “I must apologise for my absence recently through a series of illnesses and I must sincerely thank all the many people who have pulled me through and all those marvellous people who have pulled our papers through these recent troubled times.

“I also thank my son Owen and say how pleased I am that as of now Owen becomes chairman of the Tindle Group. Thank you Owen for all you and your colleagues have done these last months and years.

“Let me just say a word about the future of our industry. I see a greater need for our local press now than I have ever seen in my years connected with this business. Yes, local papers will survive. Local news in depth is what people need.

“Names, faces and places. There is no doubt about it -sufficient demand is still there. Local detailed news is in a category of its own. It has survived many years. It will live forever.”

In response, Owen thanked his father for “giving me this new revered position”.

“It is a great honour to be passed the baton of the family company which I will carry forward for many years to come I’m sure. I’m so glad that you are staying on as president and more importantly as our esteemed guru.

“Yours is a hard act to follow - an impossible act to follow, for you have created and built this group into one of the finest independent local newspaper groups in the country.

“And you yourself must be the most accomplished and respected local newspaperman in the entire industry.

He added,“No-one else has created and maintained such a successful and entirely family-owned group, remained in profit for over 40 years without incurring one penny of debt to anyone.

“No-one else has remained so steadfast for so many decades through all the hard times and against such an array of adversaries, and carried themselves with such dignity, integrity and good humour.

“Over the years your advice has been sought by industry chiefs, senior parliamentary ministers and prime ministers. No-one else in the industry has received such a succession of high honours from OBE to CBE to Knight of the Realm.

“We will have to continually re-appraise and re-align ourselves with the realities of the times and the reduced revenues that we are all experiencing, but we will go forward into the new era of local media, keeping things beautifully small and beautifully local.”