12 December
2024
Centaur Media plc
("Centaur" or "the Company")
Board Changes
Centaur, an international provider of business
intelligence, learning and specialist consultancy, today announces
that Swag Mukerji has informed the Board of his decision to retire
as Chief Executive Officer on 31 December 2024, and has stepped
down from the Board with effect from 11 December 2024.
Martin Rowland, who joined the Board as
Non-Independent Non-Executive Chair on 28 October 2024, will assume
the role of Executive Chair with effect from 31 December
2024, providing day to day leadership of the business,
supported by the Executive Committee.
Martin will lead a review of Centaur's business
operations and strategy alongside senior management over the coming
months. A fundamental part of this review will address the Board's
desire to realise Centaur's potential and to maximise
shareholder value while remaining our customers' partner of choice
for business intelligence and learning.
Martin Rowland,
Executive Chair, commented:
"The Board would like to thank Swag for his hard
work and dedication since he joined the Company in 2016. He has
been instrumental in driving Centaur's strategy refresh and
turnaround during his years of leadership. Swag both enhanced the
level of rigour and governance and navigated the unprecedented
challenges that Covid-19 presented, not only commercially, but for
our people and wider stakeholders. We wish him all the best for the
future.
"I'm looking forward to spending more of my time on
the strategic direction of Centaur, whilst supporting the Company's
business units. Centaur benefits from a strong balance sheet, which
will support the maximisation of shareholder value."
Swag Mukerji,
outgoing CEO, said:
"It has been a tremendous privilege to have led
Centaur for the past eight years and I am grateful for the support
of both my passionate, committed and talented colleagues and the
Board as we have worked together to evolve the business and its
customer focused proposition over time. I am immensely proud of
everything that we have achieved, most recently with the successful
Margin Acceleration Plan (MAP23). I am delighted that Martin will
be steering Centaur through its next phase and will follow
Centaur's development with keen interest."
Enquiries
Centaur Media
plc
Martin Rowland, Executive
Chair
07734 049534
William Eccleshare, Senior
Independent Director
020 7970 4934
Teneo
Zoë Watt / Oliver Bell
07713 157561 /
07917 221748
