Stvg Regulatory News (STVG)

31 Aug 2007 14:10

SMG PLC31 August 2007 VIRGIN RADIO HOLDINGS LIMITED BOARD CHANGE SMG plc today announces the departure of Paul Jackson, Chief Executive of Virgin Radio. Paul is moving to the role of Managing Director of Capital Radio London, part of the GCap Group. He has been CEO of Virgin Radio for the last 8 months and was previously Virgin Radio's Programme Director, having joined the company from Capital Radio in 2001. Richard Huntingford, Chairman of Virgin Radio, Rob Woodward, Chief Executive ofSMG plc and the new Board of Virgin Radio continue to lead the IPO process. Commenting on today's announcement, Rob Woodward, Chief Executive of SMG, said: "Virgin Radio consistently outperforms the market, has a unique audiencerelationship and is the leader in digital listening. We are privileged to haveRichard Huntingford, one of the most respected figures in commercial radio, asChairman of Virgin Radio. Richard and I are working to build a first-classmanagement team, and look forward to appointing a CEO with the right experienceto lead the business into the public markets" - Ends - Further enquiries: SMG plcRob Woodward, Chief Executive George Watt, Chief Financial OfficerDebbie Johnston, Head of CommunicationsTel: 020 7882 1199 Brunswick Group LLPJames Hogan / Simon Sporborg / Ash Spiegelberg Tel: 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange