REG - Aferian PLC - Executive Board and Senior Management Changes

AferianAnnouncement

03/07/2024 07:00

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RNS Number : 8787U  Aferian PLC  03 July 2024

3 July 2024

 

AFERIAN PLC

("Aferian" the "Company" or the "Group")

Executive Board and Senior Management Changes

Aferian (AIM: AFRN), the B2B video streaming solutions company, announces key
leadership changes effective immediately.

Mark Carlisle, who has served as Group CFO and COO since August 2016, has been
appointed Group CEO. Mark will lead the Group and directly oversee the Amino
division.

Sebastian Braun has been appointed CEO of Aferian's 24i division, a non-board
position. Sebastian brings over 15 years of experience in the video, digital
media, and streaming industry and has led 24i's product team and strategy
since joining the Company in August 2023.

Donald McGarva has today stepped down from the Board. He will remain with the
Company as a consultant and will depart as planned in October 2024 to ensure
an orderly transition.

Atul Sharma, an experienced finance director who recently joined the Group in
an interim position, will lead finance team in a non-board position.

Mark Wells, Non-Executive Chairman of Aferian, commented:

"We are pleased to appoint leaders from within our existing management team.
Mark and Sebastian's deep industry knowledge and proven track records within
Aferian make them ideally suited to lead our company forward. These
appointments demonstrate our commitment to continuity and innovation in the
rapidly evolving video streaming market."

 

For further information please contact:

 Aferian plc                                    +44 (0)1954 234100
 Mark Wells, Chairman

 Mark Carlisle, Chief Executive Officer

 Investec plc                                   +44 (0)20 7597 5970
 David Anderson / Patrick Robb / Nick Prowting

About Aferian plc

Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our
end-to-end solutions bring live and on-demand video to every kind of screen.
We create the forward-thinking solutions that our customers need to drive
subscriber engagement, audience satisfaction, and revenue growth.

It is our belief that successful media companies and services will be those
that are most consumer-centric, data driven and flexible to change. We focus
on innovating technologies that enable our customers stay ahead of evolving
viewer demand by providing smarter, more cost-effective ways of delivering
end-to-end modern TV and video experiences to consumers. By anticipating
technological and behavioural audience trends, our software solutions empower
our customers to heighten viewer enjoyment, drive growth in audience share and
ultimately their profitability.

Aferian plc has two operating companies: 24i, which focusses on streaming
video experiences, and Amino, which connects Pay TV to streaming services. Our
two complementary companies combine their products and services to create
solutions which ensure that people can consume TV and video how and when they
want it. Our solutions deliver modern TV and video experiences every day to
millions of viewers globally, via our growing global customer base of over 500
service providers.

Aferian plc is traded on the London Stock Exchange's AIM stock market (AIM:
symbol AFRN). Headquartered in Cambridge, UK, the Company has over 350 staff
located in offices in San Francisco, Amsterdam, Helsinki, Copenhagen, Madrid,
Porto, Brno, Buenos Aires, and Hong Kong. For more information, please visit
www.aferian.com.

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