Business
Board Changes
Board Changes.
About this update from Caledonian Holdings Plc.
[{"type":"text","content":"\n Deal Group Media PLC\n20 December 2007\n\n\nPress Release 20 December 2007\n\n Deal Group Media plc\n\n ('DGM' or 'the Group')\n\n Board Changes\n\n\n\nFurther to the announcement on 12 December 2007 detailing the sale of a majority\nstake of the UK business to Isco Technical Services Ltd ('ITS'), Deal Group\nMedia plc announces that, as the Group places greater focus on the Asia Pacific\nregion, the requirement for UK based Board Directors has been reduced.\n\nJohn Porter (Chairman), Lord Stone of Blackheath (Non-Executive Deputy\nChairman), Paul Alexander (Non-Executive Director) and Martin Chalmers (Finance\nDirector), will step down from the Board.\n\nDavid Lees, currently a Non-Executive Director of the Board, will be assuming\nthe position of Non-Executive Chairman. David is a qualified chartered\naccountant with many years' experience in the public company arena and has been\na founding director of several public companies.\n\nIn addition to Adrian Moss, ACA (Chief Executive Officer) and David Lees, the\nBoard includes Keith Lassman and Dominic Trigg.\n\nKeith has been a Non-Executive Director since 2003 and as a senior partner of\nLondon Law Firm, Howard Kennedy, he brings considerable experience in a broad\nrange of corporate finance transactions.\n\n\n\nDominic Trigg has a strong background in online and traditional media\nadvertising. Previous roles have included President of Search and Directories\nfor infospace Europe, Director of advertising operations for Yahoo! Europe,\nAdvertising Director for Microsoft's MSN UK, Hotmail UK and Expedia as well as\nad manager for BT's Internet portfolio.\n\n\n\nOver the coming months the Group will seek to strengthen the Board with the\nappointment of an experienced Asia Pacific-based Non Executive Director.\n\nAll Board changes will come into immediate effect.\n\nAdrian Moss, CEO of DGM, said 'I would like to thank the departing members of\nthe Board for their considerable support and contribution. We now have a Board\nthat is more appropriate to the size of the Group. In addition the greater\nfocus on the Asia Pacific region has led a significant reduction in our\nrequirement for UK based overheads and has reduced the Group's central cost\nbase.'\n\n -Ends-\n\n\n\nFor further information, please contact:\nDeal Group Media plc\nAdrian Moss, CEO\n\n\nEvolution Securities Limit...