LONDON, October 22, 2018 /PRNewswire/ --
Forbidden Technologies plc (AIM: FBT), the developer and seller
of Blackbird, the workstation experience in the cloud, announces
that it is creating a new board role of "Chief Operating and
Financial Officer". The Company has appointed, subject to usual due
diligence checks, Stephen White to
this role. Stephen is currently Vice President Finance, UK and EMEA
Emerging Markets at Comcast's NBC Universal's Networks Division and
will start with the Company after serving his notice period. It is
currently anticipated that Stephen will join the Board and commence
his role in April 2019.
Stephen has 25 years experience in senior finance roles with
media companies such as NBC Universal, BBC Worldwide (now known as
BBC Studios), The Walt Disney Company and Jetix after qualifying as
a Chartered Accountant with Ernst and Young. A further
announcement, which will include the required disclosures under the
AIM Rules for Companies for the appointment of a director to the
board, will be made in due course.
The Company also announces that Jonathan
Lees, the Company's current Finance Director, will step down
from the board when Stephen joins the Company, and will leave the
Company to pursue other opportunities after an appropriate handover
period.
In addition to the creation of the Chief Operating and Financial
Officer role, the Company has recently made a number of important
appointments including Adrian Lambert as Marketing
Director and Oliver Parker as a Strategic Account
Director. The Company has also hired George Maddocks in its Pre-Sales team and
appointed a senior developer.
David Main, Chairman of
Forbidden, said: "With our strategy in place, and since a
successful fundraising, we have been looking to add to our
capabilities to grow and deliver against our focus. The creation of
a combined Chief Operating and Financial Officer role is part of
this strategy. I look forward to welcoming Stephen White on to the management team and the
board. We have also recently added new talent to our sales and
marketing capabilities.
"The board would like to thank Jonathan for all his hard work
over the last 5 years. He has been very effective in his role as
Finance Director, including helping us in several successful
fundraisings. We all wish him well with his future endeavours."
Ian McDonough, CEO of Forbidden,
added: "I am looking forward to welcoming Stephen White on to our team. We have made some
important new hires to our sales and marketing team already as we
build the right capabilities to take Blackbird to the global
market.
"Thank you to Jonathan for his contribution to managing and
guiding the business to its current position."
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk)
floated in February 2000.
Forbidden develops, markets and licenses a powerful cloud video
platform using our patented Blackbird technology. The technology
underpins multiple applications, which are used by rights holders,
broadcasters, sports and news video specialists, post-production
houses, other mass market digital video channels and
corporations.
The Blackbird technology allows full visibility on
multi-location digital content, improves time to market for live
content such as video clips and highlights for social media
distribution which results in improved monetisation of video
content.
Blackbird® is a registered trademark of Forbidden Technologies
plc.
Websites:
www.forbidden.co.uk
www.blackbird.video
SOURCE Forbidden Technologies plc