20 Dec 2021 07:00
20 December 2021
The Vitec Group plc
Appointment of Non-Executive Director
The Vitec Group plc ("Vitec" or "the Company") is pleased to announce the appointment of Erika Schraner to the Board of the Company as a Non-Executive Director with effect from 1 May 2022. Erika will also be a member of the Audit, Remuneration and Nominations Committees.
Commenting on the appointment, Ian McHoul, Vitec's Chairman said: "I am delighted that Erika is joining the Board of Vitec. Erika is highly financially literate, has a strong understanding of manufacturing and supply chain issues, particularly in technology companies, brings software and M&A experience and has a global outlook with much of her career spent in Silicon Valley, USA. Her appointment strengthens the skills and diversity on the Board."
Erika brings over 25 years' experience in senior leadership positions. During her career, Erika spent nearly two decades working in Silicon Valley and held senior professional services roles with Ernst & Young and PricewaterhouseCoopers.
Erika earned a PhD in Management Science and Engineering at Stanford University, and in 1995 began her executive career with IBM. She went on to hold roles at REL Consultancy Group, Computer Science Corporation and Symantec Corporation. During her tenure at Symantec, Erika led the team responsible for M&A in its Sales & Services Division, completing a large number of acquisitions, including the $13.5bn merger between Symantec and Veritas. Since then, Erika has further built her transaction experience at Ernst & Young, where she led the firm's technology M&A Advisory Services (OTS) for the Americas, and more recently with PwC, where she was the UK Leader for M&A Integration Services and TMT M&A Advisory (DDV) Services.
Erika is currently a Non-Executive Director of FTSE 250-listed JTC plc, where she is also Chair of the Nomination Committee and at FTSE 250-listed Bytes Technologies plc. Other current directorships include Non-Executive Director at AIM-listed Aferian plc where she is also Chair of the Audit & Risk Committee and a Non-Executive Director at Pod Point plc.
There are no further matters to be disclosed in accordance with paragraph 9.6.13 of the Listing Rules of the UK Listing Authority.
Enquiries:
Ian McHoul, Chairman
Stephen Bird, Group Chief Executive
+44 (0) 20 8332 4600
A Snapshot of The Vitec Group
Vitec is a leading global provider of premium branded hardware products and software solutions to the growing content creation market.
Vitec's customers include broadcasters, film studios, production and rental companies, photographers, independent content creators and enterprises. Our product portfolio includes camera supports, video transmission systems and monitors, live streaming solutions, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, bags, backgrounds and motion control, audio capture and noise reduction equipment.
We employ around 2,000 people across the world in 11 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.
The Vitec Group plc is listed on the London Stock Exchange.
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14