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12 Nov 2019 15:00
Ebiquity Plc
("Ebiquity" or the "Company")
Directorate change
Ebiquity plc, a leading independent marketing and media consultancy, today announces that Michael Karg will be stepping down as a director and CEO with immediate effect. Ebiquity's CFO Alan Newman will assume the role of interim CEO while the search for a permanent CEO is undertaken.
Michael will remain an employee of the business until the end of 2019 to support Alan and ensure a smooth transition and handover period.
Rob Woodward, Chairman commented:
"On behalf of the Board, I would like to thank Michael for his significant contribution to Ebiquity over the past four years. Michael has transitioned the business towards becoming a more streamlined consultancy aligned to the demands of the evolving marketing and media environment and with a stronger balance sheet. We wish him well for the future."
Following today's announcement, the Company will postpone its Capital Markets Event scheduled for 19th November 2019. A further announcement will be made in due course.
12 November 2019
Enquiries:
Ebiquity plc Alan Newman (Interim CEO and CFO)
| Via Instinctif Partners
|
Instinctif Partners Matthew Smallwood Guy Scarborough
| 020 7457 2020 |
Numis Securities Limited Nick Westlake, Hugo Rubenstein (NOMAD) Matt Lewis | 020 7260 1000 |
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