Business

Board Change

Board Change.

articleZoo Digital Group PlcFebruary 14, 20185/company/zoo-digital-group-plc/news/board-change-51
Board Change

About this update from Zoo Digital Group Plc

[{"type":"text","content":"\n \nRNS Number : 8058E Zoo Digital Group PLC 14 February 2018  \n\n \n14 February 2018\nZOO DIGITAL GROUP PLC\n(\"ZOO\", \"the Group\" or \"the Company\")\n \nBoard Change\n \n \nZOO Digital Group plc, the provider of localisation and digital distribution services for the global entertainment industry, announces that Helen Gilder, the Company's Chief Finance Officer (CFO), will be leaving the Company.  Helen will continue in her role and as a director for up to six months from the date of this announcement to ensure an orderly handover to her successor. The Company has begun a process to identify and recruit her successor.\n \nHelen has been with ZOO for 18 years and has been CFO since 2006. As a senior member of the management team Helen has contributed significantly to the transformation of the Company from a small business providing DVD authoring tools for one large customer, to become one of the leading providers of localisation services to most of the major Hollywood studios and global digital entertainment distributors.\n \nHelen Gilder said: \"ZOO is at a really exciting point in its development. While it will feel strange to not be involved as the business moves forward, it is the right time for me to pursue the next stage of my career. I wish the business continued success and growth in the coming years.\"\n \nStuart Green, CEO of ZOO Digital, commented: \"Helen has made an invaluable contribution to the development of ZOO in recent years. Her skills and commitment have been key to the Company's navigation through some quite difficult times where Helen ensured tight control of our cash resources, maintained positive relationships with our stakeholders, and contributed to an effective and supportive culture of open communications across the Company. I regret her decision to leave us, but wish her every success in her future career.\"\n \nHelen Gilder holds 56,019 ZOO ordinary shares, will receive, on leaving the Company, 11,868 shares that are held on trust for her within a SIP scheme, and holds options over 1.51m shares in ZOO Digital Group plc, representing approximately 2.0% of the fully diluted share capital. The Board has agreed that she may retain these options following her departure from the Company, with all other terms unchanged (as set out in th...

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