Last checked at 30 Jun 2010 07:32
30 June 2009 Parallel Media Group Plc ("PMG" or the "Company") Board Changes
The board of PMG, the AIM quoted sports marketing business, is pleased to announce the appointment of Stewart Mison as Group Managing Director with immediate effect.
Stewart Mison has worked in sports and media marketing for all of his business career and brings to PMG proven management and business development skills. He joined PMG full time in July 2010 having consulted to the Group for the previous two years.
Prior to joining PMG he created and was Managing Partner of futures sport+entertainment (www.futuressport.com) a specialist sports insights business within Interpublic Groups' digital communications group - Mediabrands. Stewart's clients included: Manchester United, Roland-Garros; Tennis Australia; Cricket Australia; Ferrari; Department of Sport and Culture; and the International Olympic Committee.
In the early 1990's Stewart was Director of Sponsorship at IMG and then for a period of 10 years ran his own sports and TV marketing consultancy before becoming Senior Vice President at Octagon with responsibility for advertiser funded programming.
He is married with two grown up sons. Outside of work Stewart is Chairman of a Theatre Charity and sits on the management board of the National Drama Festivals Association.
David Ciclitira, PMG's Chairman, said:
"I am delighted to welcome Stewart on to the board. I have known him for 20 years and he brings with him a wealth of experience and contacts. Together we will make a great team."
In addition, the Company is pleased to announce the return of Serenella Ciclitira (also known as M.Serena Papi), the long term partner of David Ciclitira, as non-executive director with immediate effect. Serenella was previously Group Managing Director of the Company between 1992 and 2000.
Before joining PMG, Serenella was the Deputy Managing Director of the pan-European-satellite-broadcaster: Super Channel. Serenella also has proven success in sports management as the former commercial partner to the Italian Rugby Federation at the time when Italy joined the Six Nations She also managed the Italian racing driver Gimmy Bruni.
Serenella is an Honorary Fellow of the Royal College of Art and co-founder of Korean Eye.
Leonard Fine - independent director of PMG said
"I have known Serenella for 15 years and I am delighted that she is coming back onto the board"
For more information please contact:
Stewart Mison / Martin Parallel Media Group Plc +44 (0) 20 7225 2000 Doherty
Antony Legge / Stuart Lane Astaire Securities Plc +44 (0) 20 7492 4750
Alex Giacchetti Bishopsgate +44 (0) 20 7562 3350 Communications www.parallelmediagroup.com Further Information
Stewart John Mison, aged 52, has held the following directorships or partnerships within the last five years.
Current Past Goose Corner Trading Limited Parallel Media (Africa) Limited Parallel Media (Korea) Limited Screen Options Limited (in liquidation)
Screen Options Limited was film financing business. When the initial film project failed, the Company was unable to proceed and went into liquidation on 22 February 2006. Stewart Mison was a director at the time.
There are no further disclosures to be made in accordance with schedule 2 (g) of the AIM Rules.
Maria Serena Papi (previously Maria Serena Merry), aged 62, has held the following directorships or partnerships within the last five years.
Current Past Elysian investments Limited Elysian Group Limited Parallel Television (International) Limited (Dissolved) The Parallel Prize Limited (Dissolved)
There are no further disclosures to be made in accordance with schedule 2 (g) of the AIM Rules.
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