Forbidden Hires Operating & Financial Boss As Finance Director Leaves

LONDON (Alliance News) - Forbidden Technologies PLC on Monday said it appointed Stephen White as a chief operating & financial officer, a newly created board role.

The video platform developer said White is currently vice president finance, UK & EMEA emerging markets, at the Networks division of Comcast Corp's NBC Universal. He is expected to join Forbidden Tech in April next year.

Finance Director Jonathan Lees will step down from the board when White joins the company. Lees will leave to pursue other opportunities after an appropriate handover period, Forbidden Tech said.

In addition to the creation of the chief operating & financial officer role, the company said it has recently made a number of appointments, including Adrian Lambert as marketing director and Oliver Parker as a strategic account director. Forbidden Tech has also hired George Maddocks in its pre-sales team and appointed a senior developer.

"I look forward to welcoming Stephen White on to the management team and the board. We have also recently added new talent to our sales and marketing capabilities," said Chairman David Main.

"Thank you to Jonathan for his contribution to managing and guiding the business to its current position," added Chief Executive Ian McDonough.

Forbidden Tech shares were trading down 4.0% on Monday at 6.00 pence each.

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