Appointment Finance Director
Deal Group Media PLC
25 April 2007
Press Release 25 April 2007
Deal Group Media plc
('DGM' or 'the Company')
Appointment of Financial Director
Deal Group Media plc (DGM), a leading online media-marketing Group, today
announces the appointment of Martin Chalmers to the Board as Finance Director
with immediate effect.
Martin Chalmers, 49, FCCA, has over eighteen years experience in senior
financial positions. Most recently, he was Regional Finance Director for Europe
at Allied Domecq PLC for just over two years where he reported directly to the
Board. During his tenure at Allied Domecq PLC, the Company's European business
experienced double digit profit growth and the business executed a re-defined
strategy, including a 15% reduction to operating costs. Prior to this, Mr
Chalmers was Finance Director for Seagram Europe & Africa, a division of Seagram
Co. Ltd, where he was responsible for all finance related functions within the
North European business cluster. In this period, the company re-established its
strategic direction as a market leader and increased profits by US$12 million.
At DGM, Mr Chalmers will be responsible for the management and evolution of the
Group's financial functions and will report directly to Adrian Moss, Chief
Executive Officer of DGM.
Commenting on the appointment, Adrian Moss, CEO, said: 'Martin's considerable
skills in financial control and analysis together with his experience in
managing business turnaround will be a considerable asset to DGM. His
appointment completes the senior executive team which has also recently
benefited from the appointment of an HR Director and Chief Technology Officer.'
Commenting on his appointment, Martin Chalmers said: 'I am pleased to join DGM
at this exciting time and look forward to updating the market on DGM's
operational progress on a regular basis.'
There are no further disclosures to be made regarding this appointment under
Schedule 2 paragraph (g) of the AIM rules.
Allied Domecq Spirits & Wine (Overseas) Ltd
Allied Domecq Deutschland Beteiligungs GmbH
Allied Domecq Spirits & Wine Deutschland (Holdings) GmbH
Allied Domecq Spirits & Wine Deutschland GmbH & Co KG
Furstlich von Bismark'sche Traditions- Marken-Vertriebs GmbH & Co KG
- Ends -
For further information, please contact:
Deal Group Media plc
Adrian Moss, CEO Tel:+44 (0) 20 7943 4220
Evolution Securities Limited
Tom Price, Corporate Finance Tel: +44 (0) 20 7071 4300
Jeremy Ellis, Corporate Finance
www.uk.evosecurities.com
Abchurch Communications
Ariane Comstive/Franziska Boehnke Tel: +44 (0) 20 7398 7700
ariane.comstive@abchurch-group.com www.abchurch-group.com
Notes to Editors
Deal Group Media plc is a leading online media-marketing and technology group,
which provides a comprehensive range of stand alone and multi-channel marketing
solutions across including: affiliate marketing, search marketing, email
marketing, and online advertising. The Group works alongside advertisers and
online partners to help them achieve their e-business objectives specifically
return on investment (ROI). Deal Group Media's delivery is powered by
sophisticated technology which includes the Group's proprietary software,
dgmPro.
Deal Group Media currently employs over 80 staff worldwide in offices in the UK,
South Africa, Australia and New Zealand and is currently in the process of
expanding into the Asia-Pacific region. The Group operates across the spectrum
of vertical sectors and its clients includes Avis, BT, Dell, Demon, nPower,
Pipex, Sainsbury's Bank, Sky, Virgin, Vodafone, and The World Wildlife Fund.
Since the reappointment of the founding CEO, Adrian Moss in December 2006, a new
management team has been put in place to support the exciting growth plans of
the Company going forward.
The online advertising industry currently accounts for 3.6 per cent of total
advertising spend and is forecast to grow at a faster rate than all other media
because of its measurability and clear return on investment for advertisers.
Its growth is fuelled by the growing number of people with regular internet
access; broadband penetration is expected to grow to 42.3 percent by 2010, and a
greater tendency to shop online with consumer spending forecast to reach £72
billion in 2007.
More information is available at www.dealgroupmediaplc.com
This information is provided by RNS
The company news service from the London Stock Exchange