Business
Mood Media Names Kevin Dalton, Currently the Company's Lead Director, Non-Executive Chairman of the Board
Current Executive Chairman, Philippe von Stauffenberg , to Continue as Mood Director T...
About this update from Maximus Metals, Inc.
[{"type":"text","content":"\n\nCurrent Executive Chairman, Philippe von Stauffenberg, to Continue as Mood Director\n\n\n\nTORONTO, Nov. 24, 2014 /CNW/ - Mood Media Corporation (\"Mood Media,\" \"Mood\" or \"the Company\") (ISIN: CA61534J1057) (TSX:MM / LSE AIM:MM), the world's largest integrated provider of in-store customer experience solutions, today announced that its Board of Directors (\"the Board\") has elected Kevin Dalton, the Company's lead independent director on its board, to the role of Non-Executive Chairman of the Board, effective January 1, 2015.  Philippe von Stauffenberg will transition from the role of Executive Chairman. Having strengthened the Board and successfully overseen the decisive stages of the operational and strategic turnaround of the company, Philippe will now focus his attention on other transformational opportunities. Given his eight year involvement with Mood Media, Philippe will continue to contribute as a director on the Board. This development further underscores the Company's commitment to enhancing its operating strategy, executing its transformation and maintaining strong corporate governance practices.\n\n\"Philippe has played an integral role in changing the direction of Mood, helping our new management team and board members transition into their leadership positions, and collaborating on the Company's transformation strategy,\" said Mr. Dalton. \"On behalf of the Board, I would like to thank him for his ongoing leadership and dedication to the Company.  I am confident he will continue to play an important role as Mood captures the many opportunities we see on the horizon. I am excited to take on the responsibility of the Chairman and look forward to working closely with Steve Richards and his management team as they execute Mood's strategy for growing revenues, expanding profitability, and enhancing shareholder value.\"\n\n\"Kevin has been a tremendous asset to Mood since he joined the Board in January 2014,\" said Mr. von Stauffenberg.  \"Kevin has utilized his in-depth knowledge of the financial markets and his strategic acumen to benefit the Company and I am confident that he is the right leader for this next stage of value enhancement. We have already made significant progress adding new capabilities, capturing synergies in the businesses and increasing Mood's profitability as measured by EBIT...