REG - Centaur Media PLC - Directorate Change

Centaur MediaAnnouncement

12/12/2024 07:00

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RNS Number : 7679P  Centaur Media PLC  12 December 2024

12 December 2024

Centaur Media plc

("Centaur" or "the Company")

 

Board Changes

 

Centaur, an international provider of business intelligence, learning and
specialist consultancy, today announces that Swag Mukerji has informed the
Board of his decision to retire as Chief Executive Officer on 31 December
2024, and has stepped down from the Board with effect from 11 December 2024.

 

Martin Rowland, who joined the Board as Non-Independent Non-Executive Chair on
28 October 2024, will assume the role of Executive Chair with effect from 31
December 2024, providing day to day leadership of the business, supported by
the Executive Committee.

 

Martin will lead a review of Centaur's business operations and strategy
alongside senior management over the coming months. A fundamental part of this
review will address the Board's desire to realise Centaur's potential and to
maximise shareholder value while remaining our customers' partner of choice
for business intelligence and learning.

 

Martin Rowland, Executive Chair, commented:

 

"The Board would like to thank Swag for his hard work and dedication since he
joined the Company in 2016. He has been instrumental in driving Centaur's
strategy refresh and turnaround during his years of leadership. Swag both
enhanced the level of rigour and governance and navigated the unprecedented
challenges that Covid-19 presented, not only commercially, but for our people
and wider stakeholders. We wish him all the best for the future.

 

"I'm looking forward to spending more of my time on the strategic direction of
Centaur, whilst supporting the Company's business units. Centaur benefits from
a strong balance sheet, which will support the maximisation of shareholder
value."

 

Swag Mukerji, outgoing CEO, said:

 

"It has been a tremendous privilege to have led Centaur for the past eight
years and I am grateful for the support of both my passionate, committed and
talented colleagues and the Board as we have worked together to evolve the
business and its customer focused proposition over time. I am immensely proud
of everything that we have achieved, most recently with the successful Margin
Acceleration Plan (MAP23). I am delighted that Martin will be steering Centaur
through its next phase and will follow Centaur's development with keen
interest."

 

Enquiries

 

Centaur Media
plc

Martin Rowland, Executive
Chair
07734 049534

William Eccleshare, Senior Independent Director
            020 7970 4934

 

Teneo

Zoë Watt / Oliver Bell
                                             07713
157561 / 07917 221748

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