Final RNS
01 October 2013
Future plc
Future announces departure of CFO Graham Harding,
appoints Zillah Byng-Maddick as new CFO
Future, the international media group, today announces that Graham Harding will step down as Chief Financial Officer and leave the company in November. Future also announces the appointment of Zillah Byng-Maddick, formerly CFO and interim CEO at Trader Media Group, as new CFO.
Graham, who has been at Future since 2000 and was appointed Group CFO in 2011, will leave after the company's preliminary results in November to pursue other career opportunities.
Mark Wood, Chief Executive, said: "We are indebted to Graham for his tremendous contribution to Future's development over many years and in particular his recent success in strengthening the balance sheet. We wish him every success with his future plans."
Zillah Byng-Maddick was CFO at Trader Media Group from 2009 to 2012 and interim CEO from 2012 to 2013. She will join Future on 1 November and formally take over as CFO on 18 November. Zillah is a non-executive director at Betfair plc and Mecom Group plc.
Mark Wood said: "Zillah has an outstanding reputation and her experience of leading a successful and rapid transition from print to digital at Trader Media Group is of enormous value to us at this time. She will help transform Future, accelerating the pace of change, which is key to us building a more profitable digital business."
Future will present its results for the financial year ended 30 September 2013 on 22 November and will issue a trading update as planned in mid-October.
There are no further disclosures required pursuant to Listing Rule 9.6.13.
Enquiries
Future plc:
Mark Wood, Chief Executive Tel: 020 7042 4007
Graham Harding, Chief Financial Officer Tel: 01225 788101/020 7042 4433
Chris Taylor, Director of Communications Tel: 020 7042 4033/07980 221942
Brunswick Group:
Jon Coles / Andy Rivett-Carnac Tel: 020 7404 5959
About Future plc:
· Future plc is an international media group and leading digital business, listed on the London Stock Exchange (symbol: FUTR).
· We have operations in the UK, US and Australia creating more than 200 publications, apps, websites and events.
· We hold market-leading positions in Technology, Games, Guitar, Creative and Sport & Auto sectors.
· We attract more than 51 million monthly global unique users to our websites, which include techradar.com, gamesradar.com, bikeradar.com and musicradar.com.
· Future sold more than 24 million magazines last year, that's 45 magazines sold every minute. Our most well-known brands include T3, Cycling Plus, Total Film, Mollie Makes and Official Xbox Magazine.
· Future has developed its own app-creation software, FutureFolio. We produce over 100 digital editions, and have now sold over five million digital copies.
· Future exports or syndicates 225 publications to over 89 countries, making us the UK's number one exporter and licensor of magazine content.
· Future has been named Consumer Digital Publisher of the Year for three years in a row by the Association of Online Publishers (2011, 2012, 2013) and has been named the Professional Publishers Association Digital Publisher of the Year for two consecutive years (2012, 2013). Future is also the British Media Awards Media Company of the Year.
