Business

Resignation of Chief Operating Officer

Resignation of Chief Operating Officer.

articleLbg Media PlcJuly 26, 20233/company/lbg-media-plc/news/resignation-of-chief-operating-officer-1
Resignation of Chief Operating Officer

About this update from Lbg Media Plc

[{"type":"text","content":"\n\n\n\n\n\n\n\n26 July 2023\n\n\n\n \n \nLBG Media plc\n(The \"Company\" or \"Group\")\nResignation of Chief Operating Officer\nLBG Media, the UK-based multi-brand, multi-channel digital youth publisher, announces that Arian Kalantari has resigned as Chief Operating Officer and as a Director of the Company with immediate effect.\nArian has been on a sabbatical since the start of the year to spend more time with his family and has made the decision not to return to the Company. His operational responsibilities had therefore been distributed among colleagues and will now be permanently retained by those members of the Group's established and strong leadership team.\nCEO, Solly Solomou, commented:\n\"On behalf of the Board and everyone at the Company, I would like to thank Arian for his support over the years, both in the terms of the vital contribution to the founding of the business and the years of success that have been achieved since. It has been a great pleasure to work side by side with my good friend and I wish him all the best and look forward to his continued support as a shareholder.\"\nArian Kalantari said:\n\"It has been an incredible journey to see this business grow and thrive over the last 11 years since Solly and I founded it. LBG Media is very well-positioned to continue to succeed in the years to come and I will remain a passionate supporter.\"\n \nFor further information please contact:\n\n\n\nLBG Media plc\nSolly Solomou, Co-founder & CEO\nRichard Jarvis, CFO\nMark Mochalski, Investor Relations\nFiona O'Nolan, Investor Relations\n\n\nVia Buchanan\n \n \n \[email protected]\n\n\n\n\nZeus Capital Limited\n(Nominated Adviser & Broker)\nDan Bate / Nick Cowles (Investment Banking)\nBenjamin Robertson (Equity Capital Markets)\n\n\nTel: +44 (0) 161 831 1512\nwww.zeuscapital.co.uk\n\n\n\n\nMedia enquiries\nBuchanan\nRichard Oldworth / Chris Lane / Toto Berger / Jack Devoy\n\n\nTel: +44 (0) 20 7466 5000\nwww.buchanan.uk.com\n\n\n\n \nNotes to editors\nLBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Sin...

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