Information  X 
Enter a valid email address

Ocean Outdoor Ltd (OOUT)

  Print   

Monday 22 March, 2021

Ocean Outdoor Ltd

Appointment of Ursula Burns as Board Advisor

RNS Number : 0801T
Ocean Outdoor Limited
22 March 2021
 

 22 March 2021

Ocean Outdoor Limited 

("Ocean" or the "Company" or the "Group")  

Appointment of Ursula Burns as Board Advisor

 

Ocean Outdoor Limited (LSE: OOUT), a leading operator of premium Digital Out-of-Home ("DOOH") advertising in the United Kingdom, the Netherlands, the Nordics and Germany, is pleased to announce the addition of Ursula Burns as a Board Advisor, effective April 1, 2021. 

Ursula Burns has extensive international experience in large companies confronting technology change of their industries. In June 2017 she was appointed as Chairman of VEON Ltd. She became Chairman and CEO in December 2018 until June 2020. Burns joined Xerox as an intern in 1980 and ended as the Chairman of the Board of the Xerox Corporation from 2010 to 2017.

U.S. President Barack Obama appointed Ursula to help lead the White House national program on Science, Technology, Engineering and Math (STEM) from 2009-2016. She also provides leadership counsel to several other community, educational and non-profit organisations.

Ursula, who regularly appears on Fortune's and Forbes' list of the world's most powerful women, is a board director of Exxon Mobil, Nestlé and Uber-and has served as a past board director for American Express and Diageo. She is also on two Pre-IPO boards - Waystar and IHS Towers. In addition, Mrs. Burns currently serves as Senior Advisor of Teneo Ltd.

 

Mrs. Burns has received awards from the National Academy of Engineering, American Academy of Arts and Sciences and Royal Academy of Engineering.

 

For further information please contact:

 

Ocean Outdoor  

Tim Bleakley, CEO

Susann Jerry, Head of Corporate Communications

 

020 7292 6161

Yellow Jersey PR

Charles Goodwin

Annabel Atkins

0774 778 8221

 

 

About Ocean Outdoor

Ocean Outdoor operates some of the most prestigious digital out-of-home (DOOH) locations in the UK, Northern and Continental Europe. The Group portfolio includes 4,000 screens in seven countries and 270 cities.

In the UK, Ocean operates the most iconic DOOH locations including the BFI IMAX; the Landsec Piccadilly Lights; and has a significant presence in the top 13 UK cities. Ocean's high-profile landlords and partners include Birmingham, Manchester, Glasgow and Southampton City Councils, Landsec, Unibail-Rodamco-Westfield, the BFI and Intu. A continued focus on Ocean's Digital Cities for Digital Citizens philosophy has significantly augmented the Group's position as an operator of high quality DOOH assets. Ocean continues to deliver good organic development through new City tender wins, the rollout of new locations in Scotland, London, the West Midlands and Manchester and significant screen investment.

Strategic acquisitions that complement the existing DOOH portfolio remain a strategic pillar of the growth programme. This continued with three Dutch acquisitions in spring 2019, giving the company a significant share of the Netherlands market where it has become a major DOOH player. These subsidiaries have since been rebranded as Ocean Outdoor Netherlands.

In September 2019, Ocean acquired the assets of Visual Art, a Sweden based independent, pure-play DOOH media and tech group which operates in three Nordic countries (Sweden, Norway, Denmark) and key cities in Germany. This transaction expands Ocean's portfolio across 23 Unibail-Rodamco-Westfield shopping malls in Europe, in addition to holding the exclusive external rights to two of the largest premium urban shopping malls in Europe: Westfield London and Westfield Stratford in the UK.

In February 2020, Ocean closed the acquisition of AdCityMedia, a Sweden-based premium out-of-home and digital screen tech operator focused on large format digital and high-end city centre locations across Sweden, Norway, Denmark and Finland. The combined entities of Visual Art and AdCityMedia, referred to as Ocean Outdoor Nordics, creates the leading DOOH operator in the region.

 

 

 

END

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAUURVRAVUOUAR

a d v e r t i s e m e n t