Business
Appointment of Chief Executive Officer
Appointment of Chief Executive Officer.
About this update from Audioboom Group Plc
[{"type":"text","content":"\n \nRNS Number : 5641X Audioboom Group PLC 20 December 2019 \n\n \nAudioboom Group plc\n(\"Audioboom\", the \"Group\" or the \"Company\")\n \nAppointment of Chief Executive Officer\n \nGrant of Options \n \nNotice of year end trading update\n \nAudioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the appointment of Stuart Last as Chief Executive Officer and director of the Company, with immediate effect. \n \nStuart joined Audioboom in 2014 and launched the business in the US, leading all strategy, business development, sales and production operations in the Group's largest market. He served as Chief Operating Officer before being appointed as the Group's interim non-Board Chief Executive Officer on 30 September 2019. Before joining Audioboom, he ran podcast operations at Voxnest in New York. Stuart previously held executive positions at the BBC in London, controlling digital strategy for BBC Radio 2, the UK's largest radio station and overseeing the development of key brands at BBC Radio 1, including the Live Lounge.\n \nMichael Tobin OBE, Chairman of Audioboom, commented:\n \n\"The Company continues to go from strength to strength and I am delighted that Stuart has demonstrated the ability to quickly get to grips with the new role. As such the Board has no hesitation in appointing him as CEO. I look forward to working with him closely as the Company continues on its upward journey.\"\n \nStuart Last, Chief Executive Officer of Audioboom, commented:\n \n\"I'm excited to lead our talented team as we move into a new year of growth. We have a lot of opportunity and hard work in front of us as we expand our original content network and help more advertisers discover the power of podcasting. Audioboom has an exciting future ahead.\"\n \nNotice of year-end trading update\nThe Board intends to provide an unaudited trading update in respect of the year ended 31 December 2019 on 20 January 2020.\nOption grant\n \nStuart Last has today been awarded 90,000 options (\"Options\") over new ordinary shares of no par value in the Company in conjunction with his appointment. All Options have an exercise price of £2.075 per share. \n \nThe grant is made pursuant to the Company's share option scheme which was adopt...