20 Mar 2019 07:00
20 March 2019
7digital Group plc
("7digital" or "the Company")
Appointment of Chief Financial Officer
7digital (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, announces that it has appointed Julia Hubbard as its new full time Chief Financial Officer. David Holmwood, who has been acting as CFO since June 2018, will hand over responsibilities to Julia in the coming weeks.
Julia was Group Financial Controller in the early days of internet travel pioneer Lastminute.com before roles at Mowlem plc and CSC Media Group, where she was CFO. Most recently, Julia was CFO at AIM listed Amino Technologies plc where she partnered the CEO in a successful turnaround.
It is intended that Julia will join the 7digital board upon completion of the required nominated adviser due diligence process.
Simon Cole, CEO, commented:
"We are thrilled to welcome Julia to 7digital with her impressive track record in developing technology markets. She inherits a completely re-structured finance team. The credit for that and for re-organising our financial systems rests with David. I wish him the very best as he returns to a more pluralist life as an Interim CFO."
For further information please contact:
7digital | 020 7099 7777 |
Simon Cole, Chief Executive |
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David Holmwood, Interim Chief Financial Officer Holly Ashmore, PR Manager |
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Arden Partners (nominated adviser and broker) |
020 7614 5900 |
Ruari McGirr/ Tom Price/ Benjamin Cryer - Corporate Finance
Yellow Jersey PR Georgia Colkin Charles Goodwin 7digital@yellowjerseypr.com
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+44 (0)7825 916 715 +44 (0)7747 788 221 |
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About 7digital (http://about.7digital.com/)
7digital is the global leader in B2B end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.
7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo and TikTok (formerly musical.ly). From years of being the largest independent producer of programming for the BBC and powering services for partners like Panasonic, TDC and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.