REG - Future PLC - Directorate Change

FutureAnnouncement

07/12/2023 07:15

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RNS Number : 9535V  Future PLC  07 December 2023

7 December 2023

 

Future plc

Board Change

 

The Board of Future plc ("Future" or "the Group"), the global platform for
specialist media, announces that after over eight years at the Group, Penny
Ladkin-Brand, Chief Financial and Strategy Officer ("CFSO"), has informed the
Board of her decision to step down from the Board later next year. Penny is
subject to a twelve- month notice period and the Board has initiated an
external search for her successor, led by Future's retained executive search
adviser.

 

Richard Huntingford, Chair, said: "I want to express our deep gratitude for
the significant and valuable role Penny has played during her time here in
helping to build Future into the leading digital media platform that it is
today. We will be sorry to see her go and wish her well in the next phase of
her career."

 

Jon Steinberg, Chief Executive Officer, said: "Penny has been a fantastic
member of the Future leadership team and on a personal note, I am hugely
grateful for her support since I joined as we developed the Group's strategy
to capitalise on the many opportunities ahead of us."

 

Penny Ladkin-Brand, Chief Financial and Strategy Officer, added: "Future is a
wonderful business, full of amazing and inspiring people, and I have
thoroughly enjoyed the last eight years at the Group. As Future embarks on
this next chapter of its journey, I have decided that it is now time for a
change. I look forward to working closely with Jon and the Board to execute
the first phase of the exciting growth plan we have outlined today, and in
ensuring a smooth transition to my successor."

 

Penny joined Future in June 2015 as Chief Financial Officer and took on the
role of CFSO in November 2021. A further announcement regarding Penny's
successor will be made in due course.

 

Enquiries:

Future plc
 
+44 (0)122 544 2244

Richard Huntingford, Chair

Jon Steinberg, Chief Executive Officer

Penny Ladkin-Brand, Chief Financial and Strategy Officer

Marion Le Bot, Head of Investor Relations
                                                  +44
(0)777 564 1509

 

Media

Headland
 
                             +44 (0)203 805 4822

Stephen Malthouse, Rob Walker, Charlie Twigg

future@headlandconsultancy.com

 

 

Legal Entity Identifier (LEI): 213800K2581YRLEXV353

 

About Future

We are the platform for creating and distributing trusted, specialist content,
to build engaged and valuable global communities. We operate c.230 brands in
diversified content verticals, with multiple market leading positions and
three core monetisation frameworks: advertising, eCommerce affiliate and
direct consumer monetisation (subscriptions and newstrade magazine sale). Our
content is published and distributed through a range of formats including
websites, email newsletters, videos, magazines and live events. The successful
execution of our strategy is focused on three pillars: grow engaged audience,
diversify and grow revenue per user and optimise the portfolio.

 

 

 

 

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