REG - YouGov PLC - Directorate Change

YouGovAnnouncement

19/02/2024 07:00

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RNS Number : 5230D  YouGov PLC  19 February 2024

 

19 February 2024

 

YouGov plc

 

("YouGov" or "the Group" or "the Company")

 

Directorate Change

 

YouGov, the international online research and data analytics group, announces
that the Company and Sundip Chahal, Chief Business Officer, have mutually
agreed that he will step down for personal reasons. He will step down from his
role as Chief Business Officer and as an Executive Director with immediate
effect.

 

Sundip contributed significantly to YouGov's strategy and the execution of the
Company's first two long-term financial plans throughout his nine-year tenure
as Chief Operating Officer in a period of considerable growth and change for
the Company.

 

Most recently, in his role as Chief Business Officer, Sundip oversaw the
planning for the integration of GfK's Consumer Panel Services, following
YouGov's transformative acquisition of the business as announced on 6 July
2023. As confirmed in our Half-Year Trading Update, the initial stages of the
integration execution phase are progressing well, following completion of the
acquisition on 9 January 2024. Our combined teams are collaborating on
commercial opportunities to capitalise on the benefits of the enhanced value
proposition.

 

Lynda Vivian, Chief Operating Officer, will succeed Sundip in managing the
integration of GfK's Consumer Panel Services. Alongside the integration, Lynda
will continue to focus on the delivery of YouGov's Platform model, in line
with the Company's strategic growth plan, and ensuring operational excellence
across the business.

 

The Nomination Committee is taking the opportunity to review Board
composition. In light of the previously announced stepping down of Rosemary
Leith in April 2024 after nine years' service, a search is currently under way
for a new Non-Executive Director.

 

Stephan Shakespeare, Non-Executive Chair, commented: "On behalf of the Board,
I would like to thank Sundip for his extensive contributions to YouGov since
joining the Company in 2005, both in his roles within the Company, and as an
Executive Director on the Board. Sundip played a central role in leading and
managing the team and has overseen the growth at YouGov over the years both in
his previous role as Chief Operating Officer and more recently as Chief
Business Officer. In recent months, he has played an important part in
progressing the acquisition of GfK's Consumer Panel Services, and I am pleased
to share that the integration is advancing well following completion of the
acquisition in January."

 

This Announcement is issued on behalf of the Company by Tilly Heald, Company
Secretary.

 

Enquiries:

 YouGov plc

 Tilly Heald, Company Secretary

 Hannah Jethwani, Investor Relations Director                   020 7012 6000

 FTI Consulting

 Charles Palmer / Valerija Cymbal / Jemima Gurney               020 3727 1000

 Deutsche Numis (NOMAD and Joint Broker)

 Nick Westlake / Iqra Amin                                      020 7260 1000

 Berenberg (Joint Broker)

 Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff   020 3207 7800

 

About YouGov

 

YouGov is an international online research data and analytics technology
group.

 

Our mission is to offer unparalleled insight into what the world thinks.

 

Our innovative solutions help the world's most recognised brands, media owners
and agencies to plan, activate and track their marketing activities better.

 

With operations in the UK, the Americas, Europe, the Middle
East, India and Asia Pacific, we have one of the world's largest research
networks.

 

At the core of our platform is an ever-growing source of consumer data that
has been amassed over our twenty years of operation. We call it Living Data.
All of our products and services draw upon this detailed understanding of our
26 million registered panel members to deliver accurate, actionable consumer
insights.

 

As innovators and pioneers of online market research, we have a strong
reputation as a trusted source of accurate data and insights. Testament to
this, YouGov data is regularly referenced by the global press, and we are the
most quoted market research source in the world.

 

YouGov. Living Consumer Intelligence.

 

For further information, visit business.yougov.com

 

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