Appointment of CEO
Future PLC
06 June 2006
6 June 2006
Future plc
Future appoints new Chief Executive
Future, the international special-interest media group, announces today the
appointment of Ms Stevie Spring as a director of the Company and its Chief
Executive with effect from 3 July 2005. She will replace Greg Ingham who has
today announced his decision to step down as Chief Executive.
Stevie Spring, 48, is a senior media executive with broad experience of managing
and growing creative businesses. Most recently she was Chief Executive of Clear
Channel, the UK's largest outdoor media company, which she led for six years
through a period of substantial change and progress. Prior to this she spent
sixteen years in national and international advertising company management at
agencies including Young & Rubicam and Grey. She started her career in marketing
and television.
Roger Parry, Chairman of Future, said,
'We are delighted that Stevie has agreed to join Future and to have attracted
someone with her skills and experience to lead the business into its next stage
of development. She has a long and successful track record of managing and
developing creative businesses, both at media owners and advertising agencies.
This experience, together with her energy, vision and extensive contacts amongst
advertisers and agencies, will complement the very strong publishing teams we
have at Future. I and the Board greatly look forward to working with her.'
Commenting on her appointment, Stevie Spring said,
'I am very excited at the opportunity to join Future's Board. Despite its recent
trading difficulties, Future has strong market positions in a number of consumer
sectors and some excellent media properties, both in print and online. I look
forward to working with the team to build on these platforms and to help the
business fulfill its undoubted potential.'
Ms Spring, a law graduate, is a Fellow of both the Marketing Society and the
Institute of Practitioners in Advertising. She chairs the Federation of
Groundwork Trusts, the UK's largest organisation delivering sustainable
community regeneration projects, and is on the boards of Arts and Business, the
National Advertising Benevolent Society and the Women's Advertising Club.
There are no further details to be disclosed under paragraph 9.6.13(1) to (6) of
the Listing Rules.
Future has today also announced its Interim Results for the six months ended
31st March 2006.
Enquiries:
Future plc Tel: 020 7042 4000
Roger Parry, Chairman
John Bowman, Finance Director
Hogarth Partnership Tel: 020 7357 9477
James Longfield/Georgina Briscoe
Notes to Editors:
Biography attached
Stevie Spring
Chief Executive Designate
Future plc
Stevie graduated in law and spent four years in client marketing and two years
launching breakfast television before starting a 16-year career in advertising
agency management. During that time she worked nationally and internationally at
various agencies including Grey and Young & Rubicam - where she was Managing
Director.
In February 2000, she was appointed UK Chief Executive of Clear Channel, the
world's largest out of home media company. The UK business, which includes Clear
Channel Billboards, Adshel Street Furniture, BT Connect and Taxi Media among its
portfolio, is the UK's largest and leading outdoor company. It has a turnover
approaching £250m, employs 800 staff, and operates nearly 100,000 advertising
panels through a national network of 20 offices and depots.
Stevie also chairs the DCLG sponsored Groundwork Federation, which incorporates
50 trusts in England, Wales and Northern Ireland and, with a turnover of £120m
pa, is the UK's largest organisation delivering community regeneration projects.
She is (uniquely) a Fellow of both the Institute of Practitioners in Advertising
and of the Marketing Society and sits on the boards of NABS, WACL and Arts and
Business.
Stevie is a frequent conference speaker, lecturer and commentator on both media
and transport issues.
She was voted one of the 75 Women of Achievement in Media and Marketing in the
past 75 years and named one of Campaign Magazine's Top 10 nicest People in
Media.
Professional Experience
2000 - 2006: Clear Channel UK - Chief Executive
1994 - 2000: Young & Rubicam Advertising - Managing Director
1992 - 1994: WMGO Group - Managing Director
1988 - 1992: GGT plc - Deputy Managing Director
1984 - 1988: Grey International - New Business Director
1982 - 1984: TV-am - Business Development Director
1978 - 1982: Alpine Holdings - Marketing Manager
2000 - present: Chairman, Federation of Groundwork Trusts
This information is provided by RNS
The company news service from the London Stock Exchange