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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
dotDigital Group Plc | AQSE:DOTD.GB | Aquis Stock Exchange | Ordinary Share | GB00B3W40C23 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 99.00 | 84.00 | 114.00 | 99.00 | 99.00 | 99.00 | 0.00 | 07:01:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDOTD
RNS Number : 6563E
dotDigital Group plc
20 July 2016
FOR IMMEDIATE RELEASE 20 JULY 2016
dotdigital Group plc
("dotdigital" or the "Company")
BOARD CHANGES
Milan Patel appointed as Chief Executive Officer
dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service ("SaaS") and managed services to digital marketing professionals, announces that Simone Barratt will not be returning to the business following a period of illness. Milan Patel, currently interim Chief Executive Officer (CEO), has formally been appointed as CEO with immediate effect.
It was announced in January 2016 that Simone Barratt was taking extended absence from her role as CEO due to her treatment. Simone is stepping down from her position in dotdigital with immediate effect, allowing her to focus fully on her recovery.
Milan Patel will remain in his existing role as CFO until the Board concludes its search for a suitable CFO replacement. Milan will continue to be supported by George Kasparian, Non-Board Finance Director and his finance team. Milan will also have additional support from Board director Peter Simmonds until such time as a new CFO has been appointed. Milan will continue to manage the business through the senior Operational Board which includes Phil Draper, CMO, Sharon Head, COO, and Steve Shaw, CTO. Tink Taylor, one of the co-founders and Board Director, will also assist Milan and the Operational Board in the development of international markets.
Commenting on the announcement, Chairman, Frank Beechinor said: "The Board would like to thank Simone for her tremendous efforts at dotdigital, initially as a Non-Executive Director and latterly, in her role as CEO. Simone's experience in the global email marketing space was invaluable during the initial stages of dotdigital's international expansion strategy. On behalf of the Board and the team at dotdigital, I wish Simone well in her continued recovery and in her future endeavours.
The Board is delighted that Milan has agreed to formerly take on the role of CEO on a permanent basis. Milan has been with dotdigital for nearly nine years and has been a key member of the management team in the successful evolution of the business during this period. He has acquitted himself well in his time as interim CEO during Simone's absence, as illustrated by Friday's strong trading statement. Milan is well respected by the Operational Board and the workforce and has been instrumental in supporting the rapid organic growth of the Company, and, in particular, over the last three years as the business has expanded internationally.
With a strong team in place under Milan's leadership the Board is confident that dotdigital will continue to go from strength to strength."
For further enquiries please contact:
dotdigital Group Plc Tel: 020 8662 2777 Milan Patel, CEO & CFO ----------------------------- ------------------- Financial PR and Investor Tel: 07721 413 Relations 496 Lisa Baderoon Lisa.Baderoon@dotmailer.com ----------------------------- ------------------- N+1 Singer (Nominated Tel: 020 7496 3000 Adviser and Joint Broker) Shaun Dobson, Head of Corporate Finance Liz Yong, Corporate Finance ----------------------------- ------------------- finnCap (Joint Broker) Tel: 020 7220 0500 Stuart Andrews, Corporate Finance Rhys Williams, Sales ----------------------------- -------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 20, 2016 02:00 ET (06:00 GMT)
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