Directorate Change

RNS Number : 5874Q

Focusrite PLC

01 March 2021

 

Strictly embargoed until 07.00, 1 March 2021

Focusrite plc

( " the Company" or " the Group")

Directorate Change

Focusrite plc (AIM: TUNE), the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry, is pleased to confirm that, further to the Company's announcement of 1 September 2020, Sally McKone joins the Board today as Chief Financial Officer ("CFO") with immediate effect.

Accordingly, the outgoing CFO, Jeremy Wilson, steps down from his role although he will stay with the Company until 19 March 2021 to ensure a seamless and orderly transition.

Phil Dudderidge, Executive Chairman, commented:

"On behalf of the Board and all our employees, I would like to welcome Sally to the team.  In our decision to appointment her, what stood out was her history of growing businesses, and we very much look forward to working with her as we continue our growth trajectory.

"We would also like to thank Jeremy for his considerable contribution since joining the Group prior to its IPO in 2014.  Jeremy has been instrumental in the success we have enjoyed to date.   His term as CFO has seen the company go public, grow considerably, expanding into new markets both organically and via acquisitions.  His achievements are greatly valued and we will miss him.  He leaves the business in a strong position, with a strategic growth plan in place, and depth in the Boardroom and wider management team to execute on that plan."

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Enquiries:

Focusrite plc:  [phone]

Tim Carroll (CEO)

Sally McKone (CFO) 

Panmure Gordon (Nominated Adviser and Broker)                                 [phone]

Freddy Crossley / Alina Vaskina

Erik Anderson

Belvedere Communications                                                                          [phone]

John West

Llew Angus 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Notes to Editors

Focusrite plc is a global music and audio products group that develops and markets proprietary hardware and software products. Used by recording professionals and musicians alike, its solutions facilitate the high-quality production of recorded and live sound. The Focusrite Group trades under six established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio and Martin Audio.

With a high-quality reputation and a rich heritage spanning decades, its brands are category leaders in the music-making and audio recording industries. Focusrite and Focusrite Pro offer audio interfaces and other products for recording musicians, producers and professional audio facilities. Novation and Ampify products are used in the creation of electronic music, from synthesisers and grooveboxes to industry-shaping controllers and inspirational music-making apps.  ADAM Audio studio monitors have earned a worldwide reputation based on technological innovation in the field of studio loudspeaker technology.  Martin Audio designs and manufactures performance-ready systems across the spectrum of sound reinforcement applications.

The Focusrite Group has offices in four continents and a global customer base with a distribution network covering approximately 160 territories.

Focusrite plc is traded on the AIM market, London Stock Exchange.

 

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