REG - M&C Saatchi PLC - Board changes

M&C SaatchiAnnouncement

11/04/2025 07:00

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RNS Number : 5977E  M&C Saatchi PLC  11 April 2025

11 April 2025

M&C SAATCHI PLC

(the "Company" or "M&C Saatchi")

Board changes

M&C Saatchi announces that Zillah Byng-Thorne, Non-Executive Chair, has
notified the Company that, due to other executive and non-executive
commitments and increased regulatory responsibilities, she intends to step
down as a director of the Company with effect from the conclusion of the
Company's Annual General Meeting to be held on 15 May 2025.

As of the conclusion of the Company's Annual General Meeting on 15 May 2025,
Dame Heather Rabbatts, currently the Company's Senior Independent Director,
will assume the role of interim Non-Executive Chair and Georgina Harvey,
currently a Non-Executive Director, will assume the role of interim Senior
Independent Director.

Dame Heather Rabbatts joined the board in January 2024 and has extensive
experience having held a number of executive and non-executive positions
across media, sport, local government and infrastructure.

Dame Heather Rabbatts, Senior Independent Director, commented:

"The Board and I would like to thank Zillah for her leadership, dedication and
guidance that she has provided to the Company since she joined the Board in
June 2023. Having joined the Company at a crossroads, her enthusiasm and
experience has been the driving force behind M&C Saatchi's transformation
strategy which was initiated during her time as Executive Chair. We are
particularly grateful for her successful leadership, guidance and execution of
the strategy in building a future growth model for our stakeholders and our
brand which is now primed for the next stage of growth."

Zillah Byng-Thorne, Chair, commented:

"It has been my privilege to lead this great company as both Non-Executive
Chair and Executive Chair since joining in June 2023. Since then, the business
has made huge progress on its transformational journey towards sustainable and
profitable growth. I am very proud of what our people have achieved in this
short time and I am encouraged by the strong foundations that have been laid
for this fantastic brand. I leave the Company with an improved outlook, a
highly capable, enthusiastic and experienced management team, led by Zaid
Al-Qassab, as well as a very strong and committed Board. I wish the Company
every success in the future."

 

Further information

 M&C Saatchi                                            +44 (0)20-7543-4500
 Zaid Al-Qassab, Chief Executive Officer

 Simon Fuller, Chief Financial Officer
 Thomas Fahey, Investor Relations

 Headland Consultancy                                   +44 (0)20 3805 4822
 Rob Walker, Charlie Twigg

 mcsaatchi@headlandconsultancy.com

 Panmure Liberum - Nominated Adviser and Joint Broker   +44 (0)20-3100-2000
 Max Jones, Edward Mansfield, Will King

 Deutsche Numis - Joint broker                          +44 (0)20-7260-1000
 Nick Westlake, Iqra Amin

About M&C Saatchi

M&C Saatchi is a creative solutions company with specialist expertise and
creativity in helping our clients grow by maximising the reach and potential
of their brands. It does this through its regional-first operating model with
five core specialisms - Advertising, Issues, Passions, Consulting and Media -
which it leverages in an integrated go-to-market approach. It has significant
global reach, with major hubs in the UK, Europe, Middle East, APAC and the
Americas and supported by global shared services.

M&C Saatchi is headquartered in London and listed on the FTSE AIM index of
the London Stock Exchange.

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