Bidstack Group PLC - London-based in-game advertising platform - Hires David Reeves as chair designate to succeed Donald Stewart on September 1. The company says Reeves will serve as a non-executive director in the meantime. Stewart will move to a non-executive role and serve on the audit and remuneration Committees on Reeves' becoming the chair.
Reeves has over 30 years' global experience in senior management roles within multinational companies across the video games industry, having working at Sony and Capcom.
Reeves adds: "The video games and entertainment industry is expanding continuously and Bidstack is well placed with an active pipeline, state of the art technology and numerous planned partnership initiatives to grow rapidly and profitably.
"I hope my experience at senior levels at Sony PlayStation, Capcom and more recently, Keywords Studios will help me guide the company to a leadership position in the industry."
Current stock price: down 1.8% at 2.21 pence on Friday
12-month change: down 36%
By Xindi Wei; xindiwei@alliancenews.com
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