REG-RM plc RM plc: Appointment of Mark Cook as Chief Executive Officer

RMAnnouncement

11/01/2023 07:15

============

   RM plc (RM.)
   RM plc: Appointment of Mark Cook as Chief Executive Officer

   11-Jan-2023 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   This announcement contains inside information for the purposes of Article
   7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK
   domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK
   MAR"), and is disclosed in accordance with the Company's obligations under
   Article 17 of UK MAR. Upon the publication of this announcement via a
   Regulatory Information Service, this inside information is now considered
   to be in the public domain. The person responsible for making this
   disclosure on behalf of the Company is Ashley Whitcher, General Counsel
   and Company Secretary.

    

   11th January 2023

    

                                     RM plc

              Appointment of Mark Cook as Chief Executive Officer

    

   RM plc, ("RM"  or "the  company"), a  leading supplier  of technology  and
   resources to the education sector  announces the appointment of Mark  Cook
   as CEO, effective from 16 January  2023. Neil Martin the current CEO  will
   remain an Executive Director of RM to ensure an orderly handover until the
   preliminary results have  been released  for the financial  year ended  30
   November 2022.

    

   With  a  background  in  business  process  and  technology,  Mark  brings
   extensive experience in business  transformation and creating  shareholder
   value. After qualifying as  an accountant and  working in several  finance
   roles, Mark  moved  into  consulting,  joining Xansa  PLC,  where  he  led
   transformation and systems implementation programmes for clients including
   the BBC and  Boots. Following this,  Mark joined Getronics  Group in  2010
   taking the  business  from public  ownership  under KPN  Telecom  NV  into
   private ownership under Aurelius Investments.  As Group CEO, Mark and  his
   team led  the growth  of  Getronics, having  refocused the  portfolio  and
   created a global technology digital  services business, prior to its  sale
   to a U.S. investment  consortium. In 2019, Mark  joined Capita plc as  CEO
   for the People  Solutions Division and  latterly the Technology  Solutions
   Division, a £650m revenue business, spanning Capita’s cloud,  connectivity
   and resourcing solutions  for the  public and commercial  sector. Mark  is
   currently non-executive Chairman of Searchlight Consulting.

    

   Helen Stevenson, Chair, said: “I am delighted with the appointment of Mark
   Cook as CEO. Mark  has a strong track  record of transforming and  growing
   businesses to  deliver shareholder  value. RM  has leading  brands,  great
   people and strong customer  relationships and the  Board looks forward  to
   working with Mark to  ensure we deliver on  the significant potential.  On
   behalf of the Board, I  would like to thank  Neil for his contribution  to
   RM. The last  year in  particular has been  a challenging  period for  the
   Group, and the Board  is grateful to Neil  for his exceptional efforts  in
   stabilising the business in recent months.”

    

   Mark Cook said: “I am  excited to be joining RM.  It is a business with  a
   rich heritage and strong  market positions, playing  an important role  in
   the  education   of   thousands  of   individuals   across  the   UK   and
   internationally. I recognise that there is much more to be done to deliver
   consistent value for  all our  stakeholders. My priority  will be  working
   with Helen and the Board to ensure  that this is achieved and ensure  that
   the Group  takes  full  advantage  of  the  opportunities  in  its  chosen
   markets.”

    

   Neil Martin said: “It has been a privilege to work for RM, it has great
   people who are passionate about the organisation and its purpose of
   enabling the improvement of education outcomes. I look forward to
   supporting Mark to get up to speed with the business.”

    

   The Company confirms that there are  no other disclosures that need to  be
   made under Listing Rule 9.6.13 relating to the appointment of Mark Cook.
    

    

   Enquiries:

    

   RM plc                                   
   Helen Stevenson, Chair                  Tel: +44 (0)1235 401 805
   Neil Martin, Chief Executive Officer    investorrelations@rm.com
   Cynthia Alers, Investor Relations        
   Director (interim)
                                            
   Headland Consultancy                    Tel:  +44 (0)203 805 4822
   Stephen Malthouse                       smalthouse@headlandconsultancy.com
   Jemma Savage                            jsavage@headlandconsultancy.com 

        

    

   Notes to Editors:

    

   RM plc  is a  leading  supplier to  the international  education  sector. 
   Established in 1973, RM provides  market-leading products and services  to
   educational institutions, exam bodies and international governments  which
   improve, simplify and support education and learning. The education sector
   is transforming  and  assimilating  digital  solutions,  and  RM  is  well
   positioned to capitalise on this through its three divisions:

     • RM Resources, an established provider of education resources for early
       years, primary schools,  and secondary  schools across the  UK and  to
       eighty countries internationally.
     • RM Assessment, a leading  provider of assessment software,  supporting
       exam awarding  bodies,  universities,  and  governments  worldwide  to
       digitise their assessment delivery.
     • RM Technology, a market-leading  supplier of ICT software,  technology
       and services to UK schools and colleges.

    

    

    

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           GB00BJT0FF39
   Category Code:  BOA
   TIDM:           RM.
   LEI Code:       2138005RKUCIEKLXWM61
   OAM Categories: 2.2. Inside information
                   3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   214758
   EQS News ID:    1532087


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    1 fncls.ssp?fn=show_t_gif&application_id=1532087&application_name=news&site_id=reuters9

References

   Visible links


============