6 Apr 2017 07:00
6 April 2017
Daily Mail and General Trust plc (DMGT)
Directorate Change
Appointment of CFO
DMGT announces that Tim Collier is appointed as Group CFO and to the Board of DMGT as an Executive Director with effect from 2 May 2017. This follows the 22 September 2016 announcement of the resignation of Stephen Daintith, who leaves DMGT on 6 April 2017. Adrian Perry, Deputy Finance Director DMGT, will act as Interim CFO in the intervening period.
Tim Collier joins from Thomson Reuters, where he is currently the CFO of the Financial and Risk business.
Lord Rothermere commented: "We are very pleased to have Tim join us. His range of skills and experience working within an international organisation with a focus on data, content and analytics are highly complementary to DMGT's global businesses. In particular, his prior roles working for portfolio companies in B2B information, events and media sectors with a significant US presence are aligned with DMGT's businesses and overall Group focus. He has a strong track record of delivery in a number of key areas, not just finance and treasury but also oversight of investment activities, M&A and restructuring and internal audit, which are all key to DMGT's strategic approach."
There is no other information pursuant to Listing Rule 9.6.13 that needs to be disclosed as part of this announcement.
For further information
For analyst and institutional enquiries: | |
Adam Webster, Head of Management Information and Investor Relations | +44 20 3615 2903 |
For media enquiries: | |
Kim Fletcher / Simone Selzer, Brunswick Group | +44 20 7404 5959 |
About DMGT
DMGT manages a diverse, multinational portfolio of companies, with total revenues of almost £2 bn, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. DMGT is also a founding investor and the largest shareholder of Euromoney Institutional Investor PLC and ZPG Plc.