1 Mar 2018 17:31
1 March 2018
Daily Mail and General Trust plc (DMGT)
Appointment of RMS CEO
DMGT announces the appointment of Karen White as CEO of RMS, its Insurance Risk business, replacing Hemant Shah, co-founder and current CEO.
Karen White is an accomplished leader, with significant experience of growing enterprise software companies and bringing technology, innovation, data and operations together to build and scale businesses. Karen spent seven years as a senior executive at Oracle, where she reported directly to CEO, Larry Ellison. More recently, she has held senior executive positions at SolarWinds, an IT and network management software company, Syncplicity, a leading enterprise file sync and management SaaS business, and Addepar, a SaaS investment management platform provider, where she significantly scaled the customer base.
Paul Zwillenberg, DMGT CEO, said: "I am delighted that RMS has appointed such a highly-respected and seasoned Silicon Valley executive. Karen has a proven track record of driving growth and operational effectiveness at scale. It is the right time to appoint Karen to lead the world-class team at RMS and continue implementing its strategy to capitalise on the growth opportunities created by digitisation in a transforming industry. I would also like to thank Hemant Shah, a pioneer in the industry, for his vision and dedication, growing RMS into a global leader since co-founding the company nearly 30 years ago."
For further information
For analyst and institutional enquiries: | |
Tim Collier, Chief Financial Officer | +44 20 3615 2902 |
Adam Webster, Head of Management Information | |
and Investor Relations | +44 20 3615 2903 |
For media enquiries: Alex Moorhouse, Head of Communications |
+44 20 3615 2245 +44 7825 901053 |
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The information communicated in this announcement includes inside information.
About DMGT
DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1.5 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.
Person responsible for arranging the release of this announcement:
Adam Webster, Head of Management Information | |
and Investor Relations | +44 20 3615 2903 |