Future Network PLC
16 September 2003
16 September 2003
THE FUTURE NETWORK PLC
Board Change
The Future Network plc ('Future'), the international magazine Group, today
announces that Colin Morrison, its Chief Operating Officer, will leave the group
on 31 December 2003.
He resigns as a Director of the Company with effect from today.
Colin joined the company in January 2001 as Chief Operating Officer and also
filled the position of UK Managing Director from July 2001. The group will
recruit a new Managing Director for its UK business in due course. The role of
Chief Operating Officer will cease.
Commenting on this change, Future's Chairman Roger Parry said:
'Colin joined Future at a very difficult time when the company was undergoing
major changes. He played a crucial role in our restructuring and
re-organisation. The business is now in much better shape and we understand his
decision to move on after three years. On behalf of shareholders I want to
thank him for a job very well done.'
Future's Chief Executive Greg Ingham added:
'Colin and I have worked closely for the past three years in reshaping, changing
and growing the company. We were fortunate to get someone of his skills and
experience just when we needed him. I and the whole Future team thank him for
his efforts and wish him the very best for his next challenge.'
Enquiries:
The Future Network plc
Greg Ingham, Chief Executive Tel: 01225 442244
John Bowman, Finance Director Tel: 01225 732281
Hogarth Partnership Tel: 020 7357 9477
James Longfield/Georgina Briscoe
About The Future Network plc
The Future Network plc was founded in the UK in 1985. Today, it publishes over
90 specialist consumer magazines worldwide, is the world's leading publisher of
computer games magazines and is the fifth largest magazine publisher in the UK.
Future employs around 1,000 people in offices in the UK, US, France and Italy.
Over 80 international editions of Future's magazines are also published in 28
other countries across the world. The company is listed on the London Stock
Exchange (symbol: FNET).
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.