REG - dotDigital Group plc - Interim Board Changes <Origin Href="QuoteRef">DOTD.L</Origin>

dotDigitalAnnouncement

29/01/2016 07:11

RNS Number : 3749N
dotDigital Group plc
29 January 2016
29th January 2016
dotdigital Group plc
("dotdigital" or the "Company")
INTERIM BOARD CHANGES
dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service ("SaaS") and managed services to digital marketing professionals, announces that Simone Barratt, CEO, has undergone surgery in early January which has been successful. Following surgery and as part of her recovery treatment process she is unable to travel to the office. Whilst Simone will remain involved in the business and will continue to participate remotely, she and the Board have felt it prudent to put a revised interim and on-site leadership structure in place for this 6 month period.
For this period Milan Patel, CFO, steps into an Interim CEO and CFO role. He is supported by Sharon Head, COO and Steve Shaw, CTO, whom have taken responsibility for some key strategic initiatives that are already underway including Magento Platinum, Channel Development and Project Cirrus. Both will continue to sit on the Operational Board.
In addition, Peter Simmonds dotdigital's former CEO, and current Non-Executive Director, will be returning to support Milan and his finance team one day a week.
Internationally, the business introduced a new sales-focussed leader in the USA office, Dan Morris, in early January. Founder, Tink Taylor, will be focussing time in the next six months supporting Rohan Lock in building out dotmailer's APAC business.
With the adjustments outlined above, the Board is confident that the senior team is well placed to execute on the previously outlined strategy together with seeking out new opportunities for continued growth.
For further enquiries please contact:
dotdigital Group Plc
Milan Patel, CEO & CFO
Tel: 020 8662 2777
Financial PR and Investor Relations
Lisa Baderoon
Lisa.Baderoon@dotmailer.com
Tel: 07721 413 496
N+1 Singer (Nominated Adviser and Joint Broker)
Shaun Dobson, Head of Corporate Finance
Liz Yong, Corporate Finance
Tel: 020 7496 3000
finnCap (Joint Broker)
Stuart Andrews, Corporate Finance
Tel: 020 7220 0500

This information is provided by RNS
The company news service from the London Stock Exchange
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