REG - S4 Capital PLC - Update regarding Executive Chair

S4 CapitalAnnouncement

17/04/2023 07:00

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RNS Number : 3455W  S4 Capital PLC  17 April 2023

17 April 2023

 

 

S4 Capital plc

("S(4)Capital" or "the Company")

Update regarding Executive Chair

 

The Company provides below an internal note that Sir Martin Sorrell will share
today:

 

"To all S4.Monks:

I wanted to update you following the successful keyhole surgery I had in
February, which was to remove a tumour. I have made an excellent recovery,
and, as you would expect, I have sought the best possible medical advice. My
conclusion is that I should have preventative treatment over the coming
months. My doctors have advised me that during this treatment, I should be
able to work as normal most of the time, fully engaging with the Company and
our excellent Executive team, although I have also decided to reduce my travel
schedule for a few weeks. Otherwise, business as usual. Thank you as ever for
your continued support and let me know how to help you in any way I can.

Sir Martin Sorrell"

 

Enquiries to:

 

 S(4)Capital plc                                 +44 (0)20 3793 0003

 Sir Martin Sorrell (Executive Chairman)
 Powerscourt (PR Advisor)                        +44 (0)7970 246 725

 Elly Williamson/ Jane Glover

 

 

 

About S(4)Capital

S(4)Capital plc (SFOR.L) is the tech-led, new age/new era digital advertising,
marketing and technology services company, established by Sir Martin Sorrell
in May 2018.

 

Our strategy is to build a purely digital advertising and marketing services
business for global, multinational, regional, and local clients, and
millennial-driven influencer brands. This will be achieved by integrating
leading businesses in three practices: Content, Data&Digital Media and
Technology Services, along with an emphasis on 'faster, better, cheaper,
more' execution in an always-on consumer-led environment, with a unitary
structure.

 

Victor Knaap, Wesley ter Haar, Christopher S. Martin, Scott Spirit and Mary
Basterfield all joined the S(4)Capital Board as Executive Directors. The
S(4)Capital Board also includes Rupert Faure Walker, Paul Roy, Daniel Pinto,
Sue Prevezer, Elizabeth Buchanan, Naoko Okumoto, Margaret Ma Connolly, Miles
Young and Colin Day.

 

The Company now has approximately 8,900 people in 32 countries with
approximately 70% of revenue across the Americas, 20% across Europe, the
Middle East and Africa and 10% across Asia-Pacific. The longer-term objective
is a geographic split of 60%:20%:20%. Content currently accounts for
approximately 60% of revenue, Data&Digital Media 30% and
Technology Services 10%. The long-term objective for the practices is a
split of 50%:25%:25%.

 

Sir Martin was CEO of WPP for 33 years, building it from a £1 million 'shell'
company in 1985 into the world's largest advertising and marketing services
company, with a market capitalisation of over £16 billion on the day he left.
Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi
Company Plc for nine years.

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