Vitesse Media PLC Directorate Changes (2768X)
05 May 2016 - 4:01PM
UK Regulatory
TIDMVIS
RNS Number : 2768X
Vitesse Media PLC
05 May 2016
Vitesse Media Plc
Directorate changes
Vitesse Media Plc ("Vitesse" or "the Company"), the AIM-listed
digital media and events business, is pleased to announce the
following changes to the Board following the appointment of Chris
Ingram as Executive Chairman on 16 February 2016.
The number of Non-Executive Directors is being reduced from five
to three in order to reflect the more streamlined operations of the
Company. Accordingly, Alan Mearns, who joined the Board in 2014 to
investigate new development areas, has resigned from the Board with
immediate effect and Andrew Brode will cease to be a director on 30
June 2016.
In addition, a new position of Commercial Director has been
created in line with our growth plans. Tim Griffiths joins the
Company from Croc Media (Melbourne) where he was interim Commercial
Director and Southern Cross Austereo (Hobart) where he was General
Sales Manager. Tim has a strong track record of commercialising
websites and social media and the integrating of traditional media
into online/event revenue.
Jonathan Sumner will be stepping down from his role as Head of
the SME Division after 12 years with the Company. This reflects the
high level of integration achieved within the Company's assets,
with all publications now in digital format. Jonathan will be
retained, as a consultant, to work on special projects including
the re-launch of digital properties.
Chris Ingram, Executive Chairman, commented: "I would like to
take this opportunity to thank Jonathan for his contribution to
Vitesse through this transition and I want to thank both Andrew and
Alan for their wise counsel and contribution to the development of
the business. They have all made valuable contributions to
refocusing the Vitesse business into a digital media and events
organisation with industry-leading titles.
Looking ahead, the new financial year has started well with good
gains over the corresponding period last year."
For further information:
Vitesse Media Plc
Executive Chairman: Chris
Ingram 020 7250 7010
CEO: Niki Baker 020 7250 7010
Stockdale Securities
Tom Griffiths 020 7601 6100
Kreab
Robert Speed 020 7074 1800
This information is provided by RNS
The company news service from the London Stock Exchange
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