Appointment of New CFO

RNS Number : 7140Z

Rightster Group PLC

15 December 2014

 



15 December 2014

Rightster Group plc

("Rightster" or the "Group" or the "Company")

Appointment of new CFO

Rightster Group plc (AIM: RSTR), the cloud-based global video distribution and monetisation network that simplifies delivery to TV scale audiences in the complex online video market, today announces that Niall Dore has been appointed as Group CFO. Niall commences the role on 5 January 2015 and joins the business from Experian Consumer Services where he is Interim Finance Director UK & Ireland.

Reporting to Charlie Muirhead, CEO of Rightster Group plc, Niall succeeds Charl de Beer who recently stepped down from the role of CFO in order to return to his home in South Africa.

Previously, Niall was Finance Director at Betfair Group plc for over five years, which included a year as Interim Group CFO. Niall has also held the positions of Group Financial Controller at both GE Life and Hyder Consulting Plc. Niall has a proven ability to execute different business models across the digital and technology sectors on a global scale with a strong focus on creating shareholder value.

Charlie Muirhead, CEO of Rightster Group plc commented: "We are delighted to welcome Niall to the Board as Chief Financial Officer. He is an extremely accomplished business leader, with a fantastic record of delivering strong growth. This, coupled with his deep expertise in managing a similar technology business at Betfair, with its comparable global operations, marketplace and business models, make him the ideal person to fill the CFO role as we continue to build on our growth in 2015. We wish Charl de Beer the best in all of his future endeavours."

Niall Dore added: "I am very excited to be joining Rightster. I have been impressed with the growth demonstrated by the Company over the last year since its IPO and welcome the opportunity to join the team that will endeavour to grow the business into a global player in the video distribution marketplace. "

In the last five years, Niall Dore (aged 46) has held the following previous Directorships: Betfair Romania Development SRL, Betfair Italia SRL.

There is no further information on Niall Dore required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

For further information please contact:

Rightster Group plc                                                              via Newgate Threadneedle

Lorna Smith, Investor Relations

Cenkos Securities                                                                Tel: [phone]

Max Hartley (Nomad) / Julian Morse (Sales)

Newgate Threadneedle                                                        Tel: [phone]

Tim Thompson/ Heather Armstrong

About Rightster

Rightster was founded in May 2011 by CEO Charles Muirhead, with the vision of enabling media businesses and brands to overcome the huge fragmentation in the online video market with a single technology platform for engaging audiences and transacting with optimal efficiency. Rightster's cloud based software and services platform makes it simple for sports, fashion, news, entertainment, music, and viral rights holders, as well as brands and creators, to enhance the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis.

Following the acquisitions in July and August 2014, Rightster's network now stands at over 1,950 Content Owners and over 7,500 Publishers. The Group now employs 256 staff in 11 offices across 10 countries.

 

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