RNS Number : 9305W
LBG Media PLC
13 February 2025
 


    13 February 2025



LBG Media plc

("LBG Media", the "Group" or the "Company")

Directorate changes

 

On 22 January 2025, the Board of LBG Media stated that Chief Financial Officer, Richard Jarvis, was taking some time away from the business for personal reasons. The Board now confirms that Richard Jarvis has stepped down as CFO and has left the business with immediate effect.

As previously announced, Dave Wilson moved into the executive Chair role on 22 January 2025, with a particular focus on supporting the finance and legal teams. His expertise and oversight will ensure the finance function continues to operate effectively whilst the Board identify a new CFO to support the growth ambitions of the Group. Dave has substantial financial and legal experience from a career that included 14 years as COO, CFO and Deputy CEO at GB Group plc.

The Board would like to thank Richard for the contributions he has made during his tenure and wishes him all the best in the future.

The process to identify a new CFO is underway and further announcements will be made in due course.

Solly Solomou, Group Chief Executive, said:

"I would like to thank Richard for his commitment and support. Richard has led important initiatives to build the finance and legal functions that will support our long-term growth ambitions and I wish him well for the future."

 

For further information please contact:

LBG Media plc
Solly Solomou, Co-founder & CEO                               
Richard Jarvis, CFO
Matthew Lee, Investor Relations

 

 

investors@ladbiblegroup.com

Zeus (Nominated Adviser & Broker)                             
Dan Bate / Nick Cowles (Investment Banking)                
Benjamin Robertson (Equity Capital Markets)

 

 

Tel: +44 (0) 161 831 1512
www.zeuscapital.co.uk

Peel Hunt LLP (Joint Broker)
Neil Patel                                                                     
Benjamin Cryer                                                             
Alice Lane

Kate Bannatyne

 

 

Tel: +44 (0) 207 418 8990

www.peelhunt.com

Media Enquiries
FTI Consulting LLP                                                     

Jamie Ricketts / Kwaku Aning / Jemima Gurney             

 

Tel: +44 (0) 203 727 1000

ladbiblegroup@fticonsulting.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOAPKBBQBBKBPBD
Lbg Media (LSE:LBG)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Lbg Media Charts.
Lbg Media (LSE:LBG)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Lbg Media Charts.