REG - M&C Saatchi PLC - Directorate Change

M&C SaatchiAnnouncement

22/02/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240222:nRSV0102Ea&default-theme=true

RNS Number : 0102E  M&C Saatchi PLC  22 February 2024

22(nd) February 2024

M&C SAATCHI PLC

 

M&C Saatchi appoints Zaid Al-Qassab as CEO

 

M&C Saatchi (the "Company" or "M&C Saatchi") is delighted to announce
the appointment of Zaid Al-Qassab as Chief Executive Officer (CEO) following a
comprehensive search process.

 

Zaid's appointment will be effective on 13(th) May 2024 subject to the
completion of normal regulatory due diligence by the Company's Nomad,
following which Zillah Byng-Thorne, acting Executive Chair, will return to her
role as Non-Executive Chair of the Company.

 

Zaid brings an extensive track record of advertising and marketing leadership,
managing global teams and brand-building expertise. Most recently, he was
Chief Marketing Officer (CMO) at Channel 4.

 

Zaid held the CMO role at Channel 4 from 2019 where he was responsible for
marketing, digital, product, communications and PR, advertising, media and
continuity, its award-winning in-house creative agency 4creative, and its
digital content and brand entertainment agency 4Studio. Under Zaid's
leadership the broadcaster gained a place as the top brand and #3 creative
agency in 2023 (Campaign Lists), and he was voted one of the UK's top ten
marketers by Campaign in 2023.

 

He was previously the Chief Brand & Marketing Officer of BT plc, where he
led the BT, EE, Plusnet & Openreach brands. He also spent 20 years at
Procter & Gamble, in marketing and commercial roles, including as Managing
Director of the Health & Beauty division for the UK & Ireland. Zaid
currently serves as Non-Executive Director of Advertising Standards Authority,
a role he has held since 2018.

 

Zillah Byng-Thorne, Executive Chair, said: "We are delighted to have attracted
someone of Zaid's calibre to lead M&C Saatchi into its next phase of
growth. Zaid has proven leadership qualities, has managed global teams, and
his client-centric focus, dynamism and commercial acumen will be highly
valuable as we look to accelerate our growth trajectory.

 

"The advertising and marketing landscape is fast-moving and a modern,
forward-thinking, agile leader like Zaid will help shape M&C Saatchi for
excellence on the global stage, supported by our exceptional regional leaders
across the UK and globally. It is truly an exciting moment for us."

 

Zaid Al-Qassab said: "I have long admired M&C Saatchi's creativity and
industry-leading work and I am delighted to be joining one of the most
recognised advertising brands in the world. I believe M&C Saatchi has a
unique growth opportunity, capitalising on its combination of advertising and
specialist marketing services, and its unrelenting focus on creative solutions
built on client understanding, with an agile, global, integrated offer."

 

 

For further information please contact:

 

 

M&C Saatchi plc

+44 (0)20-7543-4500

Zillah Byng-Thorne, Executive Chair

Bruce Marson, Chief Financial Officer

 

Deutsche Numis

               +44 (0)20-7260-1000

Nick Westlake, Iqra Amin

 

Liberum, NOMAD

              +44 (0)20-3100-2000

Max Jones, Benjamin Cryer, Will King

 

Headland Consultancy

+44 (0)20-3805-4822

Stephen Malthouse, Rob Walker Charlie Twigg

mcsaatchi@headlandconsultancy.com (mailto:mcsaatchi@headlandconsultancy.com)

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOASEMESFELSEIE