Appointment of UK CEO

RNS Number : 4681R

Future PLC

23 August 2010

 



Future plc

Appointment of UK CEO and resignation of non-executive Director

Future, the special-interest media group, announces that after a rigorous selection process by recruitment experts Spencer Stuart, it has appointed Mark Wood as Chief Executive of its UK business, with effect from 31 August 2010.

Mark Wood joined Future plc's Board as a non-executive director in April 2009 and he will now step down from the Board, with effect from 30 August 2010.

Mark Wood was Chief Executive of ITN from 2003 to 2009, where he created and built substantial new digital media businesses. He joined ITN from Reuters, where he rose from award-winning journalist to Editor-in-Chief. He was in charge of all Reuters news and television businesses, served on the Reuters plc Board and was responsible for Reuters strategic media alliances and investments. Since leaving ITN he has been involved in a number of digital start-ups and has been advising two national newspaper groups on internet and iPad strategies.

Stevie Spring, Future's Group Chief Executive, said:

"I am thrilled with this new appointment to the executive team.  Mark's outstanding track record in the media bridges both the commercial and the editorial and he has a wealth of experience: in broadcast, print and online. Content creation and curation is at the heart of Future's business and Mark is one of the UK's most experienced and talented leaders of content-focused companies."

Mark Wood said:

"I am delighted to be joining the executive team at Future. Under Stevie Spring, Future has become a highly innovative and dynamic business with an impressive track record in growing digital revenues alongside the production of a fantastic range of successful print titles.  I relish the opportunity to play a bigger part in the achievement of the company's objectives in a rapidly changing media market. I'm looking forward very much to leading the UK team through the next phase of its development."

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Enquiries:

Future plc

Stevie Spring, Chief Executive                                      Tel: [phone]

John Bowman, Group Finance Director                        Tel: [phone]

Financial Dynamics:
Charles Palmer, Nicola Biles                                          Tel: [phone]

About Future: Future plc is an international special-interest media group that is listed on the London Stock Exchange (symbol FUTR).  Founded in 1985 with one magazine, today we have operations in the UK, US and Australia creating over 180 special-interest publications, websites and events for people who are passionate about their interests.  We hold strong market positions in games, film, music, technology, cycling, automotive and crafts.  Our biggest-selling magazines include T3, Total Film, Digital Camera, Fast Car, Classic Rock, Guitar World, Official Xbox Magazine, Official PlayStation Magazine, Nintendo Power, Maximum PC and MacLife.  Our websites include gamesradar.com, bikeradar.com, techradar.com, photoradar.com and musicradar.com.  Future sells more than three million magazines each month; we attract more than 27 million unique visitors to our websites; and we host 27 annual live events that attract hundreds of thousands of enthusiasts.  In addition, Future exports, syndicates or licenses its publications to 90 countries internationally, making us the UK's number one exporter and licensor of monthly magazines.

 

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