Friday 30 August 2024
Non-Executive
Director Changes
STV Group plc ('Company' or 'STV') announces
that Colin Jones will be appointed to the Board as an Independent
Non-Executive Director and Chair of the Audit and Risk Committee on
2 September 2024.
An experienced FTSE-250 CFO, Colin had a highly
successful executive career in the technology, media and
telecommunications sector. He served as Chief Operating
Officer and Chief Financial Officer at Euromoney Institutional
Investor Plc, the global information and events business, where he
worked for 22 years until 2018. Colin spent seven of these years
based in New York. During Colin's tenure as CFO, Euromoney grew to
become a £1.5bn FTSE-250 organisation.
Prior to this, Colin was a Director at PwC for
15 years, working across strategy, remuneration, financing,
technology and M&A in the UK and Europe.
Since 2018, Colin has pursued a non-executive
career. He is currently a Non-Executive Director and Audit
Committee Chair at global communications agency, M&C Saatchi
Plc; Non-Executive Director and Remuneration Committee Chair at
professional services firm, Gateley (Holdings) Plc; and
Non-Executive Director of Datatec Limited, an international
Information and Communications Technology company incorporated in
South Africa and listed on the Johannesburg Stock Exchange.
In July 2024, Centaur Media Plc announced that Colin will shortly
step down from the role of Chair, having served on the Board since
2018.
Colin is also a Governor and Trustee of adult
education college, The City Literary Institute, a registered
charity, where he chairs the Finance & Commercial Committee on
a voluntary basis.
Paul Reynolds, Chair of STV Group plc, said:
"Colin's impressive track-record
brings with it a wealth of valuable experience to STV. His keen
interest in the media sector, extensive finance and non-executive
experience and his detailed understanding of the challenges faced
by small cap businesses will be of benefit to us. Colin is a very
strong addition to our board at an exciting time of growth for the
company."
Colin Jones commented: "STV is a dynamic business with a clear and
ambitious strategy. I look forward to working with my fellow board
members and STV colleagues to contribute to the company's continued
growth and success."
Other than the directorships disclosed above,
there are no matters requiring disclosure under UK Listing Rule
6.4.8.
In further Board changes, the Company also
announces today that Simon Miller has decided to step down from the
Board in December 2024. Simon has served STV with distinction since
December 2016 as Senior Independent Director and as Employee
Director. We thank Simon for his outstanding commitment over the
past 8 years.
This announcement is made in accordance with UK
Listing Rule 6.4.6.
Ends.
For other
information, please contact:
Eileen Malcolmson, Company Secretary
Eileen.malcolmson@stv.tv | 07980
997375
For media
enquiries, please contact:
Kirstin Stevenson, Head of
Communications
Kirstin.stevenson@stv.tv |
07803970106