REG - M&C Saatchi PLC - Appointment of Chief Financial Officer
21/06/2024 07:00
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RNS Number : 3048T M&C Saatchi PLC 21 June 2024
21 June 2024
M&C SAATCHI PLC
(the "Company" or "M&C Saatchi")
Appointment of Chief Financial Officer
M&C Saatchi announces that, as part of a managed succession process, Simon
Fuller will join the Company as Chief Financial Officer ("CFO") and as a
member of the Board on 1 July 2024. Bruce Marson, Chief Financial Officer,
will step down from the Board on 30 June 2024 and will revert to the position
of Deputy Chief Financial Officer.
Simon is an experienced CFO, having held several executive and senior
management roles across a range of UK listed companies. His former positions
include CFO of Reach plc and McColl's Retail Group plc. He has also held
senior managerial roles in the finance functions of Tesco plc, BT Group plc
and COLT Telecom plc. He qualified as a chartered accountant with
PricewaterhouseCoopers in 2001.
The Board thanks Bruce Marson for the key role he has played in the
transformation of M&C Saatchi since he joined the Company in October 2021,
stepping up to CFO in March 2023.
Zillah Byng-Thorne, Non-Executive Chair, commented:
"Simon joins us with a distinguished career of over 20 years of listed company
experience and deep operational and strategic expertise. His wide experience
in corporate governance, business transformation and investment strategy will
help drive M&C Saatchi forward.
I thank Bruce for his contribution during his tenure as Chief Financial
Officer. His leadership has been pivotal as we navigated our significant
transformation over the past 18 months, and we are delighted that we will
retain his expertise in the group."
Zaid Al-Qassab, Chief Executive Officer, commented:
"I am pleased to welcome Simon, whose skills will be highly valuable in the
new phase we have entered, as we drive M&C Saatchi to become the leading
creative solutions partner for our clients, combining deep regional expertise
with broad global reach. Building on the platform created under the leadership
of Zillah and Bruce, whose talents I am pleased we will retain, I believe we
have the right team to realise our potential in creating value for all
stakeholders."
Simon Fuller, incoming Chief Financial Officer, commented:
"I am thrilled to be joining M&C Saatchi at such an exciting time for the
business. Not only does this truly international brand have a remarkable
creative heritage, but there is also a clear and compelling plan and vision
for the future. I very much look forward to working in partnership with Zaid,
the Board, Bruce and the wider team, to successfully deliver the next stage of
the Company's development."
Further information
M&C Saatchi +44 (0)20-7543-4500
Zillah Byng-Thorne, Non-Executive Chair
Zaid Al-Qassab, Chief Executive Officer
Jill Sherratt, Investor Relations
+44 (0)20 3805 4822
Headland Consultancy
Rob Walker, Charlie Twigg
mcsaatchi@headlandconsultancy.com
+44 (0)20-3100-2000
Liberum Capital - Nominated Adviser and Joint Broker
Max Jones, Edward Mansfield, Will King
+44 (0)20-7260-1000
Deutsche Numis - Joint broker
Nick Westlake, Iqra Amin
About M&C Saatchi
M&C Saatchi is a creative solutions company with specialist expertise and
creativity in helping our clients grow by maximising the reach and potential
of their brands. It does this through its regional-first operating model with
five core specialisms - Advertising, Issues, Passions, Consulting and Media -
which it leverages in an integrated go-to-market approach. It has significant
global reach, with major hubs in the UK, Europe, Middle East, APAC and the
Americas and supported by global shared services.
M&C Saatchi is headquartered in London and listed on the FTSE AIM index of
the London Stock Exchange.
Disclosure under Schedule 2 (g) of the AIM Rules for Companies
In accordance with Schedule 2 (g) of the AIM Rules for Companies, Simon Jeremy
Ian Fuller (aged 46 years) holds/has held the following
directorships/partnerships in the last five years:
Current directorships/partnerships Previous directorships/partnerships (last five years)
None THE FOUNDATION YEARS TRUST
REGULATORY FUNDING COMPANY
LEGIONSTYLE LIMITED
R.E. JONES NEWSPAPER GROUP LIMITED
MARKSTEAD LIMITED
ECHO PRESS (1983) LIMITED
JOBSIN LIMITED
THE GRADUATE GROUP LTD
WEST FERRY LEASING LIMITED
MIRRORNEWS LIMITED
TRINITY MIRROR MEDIA LIMITED
REACH PUBLISHING SERVICES LIMITED
R.E. JONES GRAPHIC SERVICES LIMITED
SCENE PRINTING (MIDLANDS) LIMITED
MGN (AW) LIMITED
DAILY STAR LIMITED
FISH4 TRADING LIMITED
DENITZ INVESTMENTS LIMITED
CAMBERRY LIMITED
MIRROR GROUP MUSIC LIMITED
MIDLAND INDEPENDENT NEWSPAPER & MEDIA SALES LIMITED
REACH PRINTING SERVICES (OLDHAM) LIMITED
LONDON AND WESTMINSTER NEWSPAPERS LIMITED
MEN MEDIA LIMITED
THE HINCKLEY TIMES LIMITED
TRINITY MIRROR VIDEOS LIMITED
MIRROR GROUP NEWSPAPERS LIMITED
REACH PUBLISHING GROUP LIMITED
LIVERPOOL WEEKLY NEWSPAPER GROUP LIMITED
JOSEPH WOODHEAD & SONS LIMITED
LIVE TV LIMITED
FISH4HOMES LIMITED
QUIDS-IN (NORTH WEST) LIMITED
TIH (TEESSIDE) LIMITED
AD-MAG (NORTH EAST) LIMITED
MGL2 LIMITED
REACH PRINTING SERVICES (SALTIRE) LIMITED
MIRROR COLOUR PRINT SERVICES (LONDON) LIMITED
WANDSWORTH INDEPENDENT LIMITED
R.E.JONES & BROS.LIMITED
MIRROR FINANCIAL SERVICES LIMITED
DAILY MIRROR NEWSPAPERS LIMITED(THE)
REACH MEDIA GROUP LTD
TRINITY 100 LIMITED
NORTHERN PRINT SERVICES LIMITED
TM MEDIA HOLDINGS LIMITED
TOTALLYFINANCIAL.COM LTD
JUST LONDON JOBS LIMITED
GLASWEGIAN PUBLICATIONS LIMITED
BLACKMORE VALE PUBLISHING COMPANY LIMITED
TOWER MAGAZINES LIMITED
TRINITY MIRROR PRINTING (CARDIFF) LIMITED
TRINITY MIRROR MERSEYSIDE LIMITED
TM NORTH AMERICA LIMITED
TRINITY MIRROR ACQUISITIONS LIMITED
MGN LIMITED
TIH (BELFAST) (NOMINEES) LIMITED
WHITBREAD WALKER LIMITED
DAILY POST OVERSEAS LIMITED
BPM MEDIA (MIDLANDS) LIMITED
LONDON NEWSPAPER GROUP LIMITED
TRINITY NEWSPAPER GROUP LIMITED
SALTIRE PRESS LIMITED
MIRROR GROUP NEWSPAPERS NORTH (1986) LIMITED
MIDLAND NEWSPAPERS LIMITED
BIRMINGHAM POST & MAIL (EXHIBITIONS) LIMITED
KENNYHILL LIMITED
ANDERSTON QUAY PRINTERS LIMITED
08000 RECRUIT LIMITED
ADVERTISER NORTH LONDON GROUP (HOLDINGS) LIMITED
REACH MAGAZINES PUBLISHING LIMITED
HUDDERSFIELD NEWSPAPERS LIMITED
ADVERTISER NORTH LONDON LIMITED
BURGINHALL 677 LIMITED
MIRROR COLOUR PRINT SERVICES LIMITED
LOCAL WORLD LIMITED
PLANETRECRUIT LIMITED
RH1 LIMITED
SCOTTISH DAILY RECORD AND SUNDAY MAIL LIMITED
TRINITY MIRROR HUDDERSFIELD LIMITED
WELSH UNIVERSAL HOLDINGS LIMITED
SCOTTISH AND UNIVERSAL NEWSPAPERS LIMITED
MIDLAND WEEKLY MEDIA (WOLVERHAMPTON) LIMITED
OFFICIAL STARTING PRICES LTD.
GIMMEJOBS LIMITED
FINANCIAL JOBS ONLINE LIMITED
GAZETTE MEDIA COMPANY LIMITED
MIRRORAIR LIMITED
MIRROR COLOUR PRINT (NORTH) LIMITED
MGN (86) LIMITED
SCENE MAGAZINES LIMITED
MERCURY DISTRIBUTION SERVICES LIMITED
CHARGESTAKE LIMITED
ECHO PRESS LIMITED(THE)
DAILY POST INVESTMENTS LIMITED
FISH4 LIMITED
EXAMINER NEWS & INFORMATION SERVICES LIMITED
FISH4JOBS LIMITED
I.T. TRADE PUBLISHING LIMITED
JOB SEARCH LIMITED
WELSHPOOL WEB-OFFSET CO. LIMITED
TRINITY MIRROR DIGITAL MEDIA LIMITED
TRINITY MIRROR DIGITAL LIMITED
TM LEASING LIMITED
REACH PRINTING SERVICES (MIDLANDS) LIMITED
BEAVERBROOK NEWSPAPERS LIMITED
COMMUNITY MAGAZINES LIMITED
TRINITY MIRROR LIMITED
MIDLAND NEWSPAPERS PRINTERS LIMITED
THIS IS BRITAIN LIMITED
TRINITY NEWSPAPERS SOUTHERN LIMITED
NORTH WALES WEEKLY NEWS
MIDLAND WEEKLY MEDIA (BIRMINGHAM) LIMITED
TRINITY MIRROR FINANCE LIMITED
BIRMINGHAM BOAT SHOWS LIMITED(THE)
TRINITY SHARED SERVICES LIMITED
TM REGIONAL NEW MEDIA LIMITED
ARROW INTERACTIVE LIMITED
THE GREEN MAGAZINE COMPANY LIMITED
SCENE PRINTING WEB OFFSET LIMITED
NET RECRUIT UK LIMITED
TRINITY MIRROR PRINTING (LIVERPOOL) LIMITED
UNITED MAGAZINES PUBLISHING SERVICES LIMITED
TM MOBILE SOLUTIONS LIMITED
MEDIA WALES LIMITED
RELIANT DISTRIBUTORS LIMITED
NUNEWS LIMITED
REACH MAGAZINES WORLDWIDE LIMITED
TIH (CARDIFF) LIMITED
MEDIA SCOTLAND LIMITED
MIRRORAD LIMITED
REACH REGIONALS LIMITED
SIGHTLINE PUBLICATIONS LIMITED
SUNDAY EXPRESS LIMITED
REACH PRINTING SERVICES (WATFORD) LIMITED
NORTH WALES INDEPENDENT PRESS LIMITED
HIGH STREET DIRECT LIMITED
MEILIN LIMITED
MIDLAND WEEKLY MEDIA LIMITED
BLACKFRIARS LEASING LTD.
MIDDLESEX COUNTY PRESS LIMITED
TIH (TRUSTEE) LIMITED
EXPRESS NEWSPAPERS PROPERTIES LIMITED
CHARLES ELPHICK LIMITED
DAILY EXPRESS LIMITED
TIH (CHESTER) LIMITED
HOT EXCHANGE LIMITED
HUDDERSFIELD EXAMINER LIMITED
TRINITY MIRROR NORTH WALES LIMITED
REACH PRINTING SERVICES LIMITED
WOOD LANE ONE LIMITED
FISH4CARS LIMITED
INSIDER PUBLICATIONS LIMITED
WOOD LANE TWO LIMITED
WIRRAL NEWSPAPERS LIMITED
REACH WORK LIMITED
TRINITY PUBLICATIONS LIMITED
SCENE NEWSPAPERS LIMITED
TRINITY MIRROR DISTRIBUTORS LIMITED
REACH NETWORK MEDIA LIMITED
REACH MIDLANDS MEDIA LIMITED
TIH (PROPERTIES) LIMITED
THE ADSCENE GROUP LIMITED
HOTRECRUIT LIMITED
THE HOTGROUP LIMITED
WESTERN MAIL & ECHO LIMITED
VIVID GROUP LIMITED
AMRA LIMITED
BUY SELL LIMITED
REACH SHARED SERVICES LIMITED
TM TITLES LIMITED
TOTALLYLEGAL.COM LIMITED
WORKTHING LIMITED
TRINITY MIRROR (L I) LIMITED
TRINITY MIRROR CHESHIRE LIMITED
LIVERPOOL WEB OFFSET LIMITED
TRINITY MIRROR PRINTING (NEWCASTLE) LIMITED
TRINITY WEEKLY NEWSPAPERS LIMITED
THE BIRMINGHAM POST & MAIL LIMITED
ASSOCIATED CATHOLIC NEWSPAPERS(1912)LIMITED(THE)
LLANDUDNO ADVERTISER LIMITED
MEDPRESS LIMITED
CONRAD & PARTNERS LIMITED
BROUGHTON PRINTERS LIMITED
REACH REGIONALS MEDIA LIMITED
SUNDAY PEOPLE LIMITED
REACH NATIONALS LIMITED
CHESTER CHRONICLE AND ASSOCIATED NEWSPAPERS LIMITED(THE)
JOBSFINANCIAL LIMITED
LOCAL WORLD HOLDINGS LIMITED
SCOTTISH EXPRESS NEWSPAPERS LIMITED
TRINITY MIRROR PRINTING (BLANTYRE) LIMITED
REACH MAGAZINES DISTRIBUTION LIMITED
O.K. MAGAZINES LIMITED
ODHAMS NEWSPAPERS LIMITED
GISAJOB LIMITED
NORTH EASTERN EVENING GAZETTE LIMITED
REACH DIRECTORS LIMITED
MG GUARANTEE CO LIMITED
O K MAGAZINES TRADING CO LIMITED
MGN (CANADA SQUARE) LIMITED
MIRROR COLOUR PRINT (LONDON) LIMITED
EXPRESS NEWSPAPERS
REACH PLC
THE EDINBURGH AND LOTHIANS POST LIMITED
THE CAREER ENGINEER LIMITED
CITY TELEVISION NETWORK LIMITED
MAINJOY LIMITED
EXPORT MAGAZINE DISTRIBUTORS LIMITED
MG ESTATES LIMITED
MIRRORGROUP LIMITED
ENTERPRISE MAGAZINES LIMITED
BIRMINGHAM LIVE LIMITED
INFORMER PUBLICATIONS LIMITED
REACH PRINTING SERVICES (WEST FERRY) LIMITED
MERSEYMART LIMITED
METROPOLITAN FREE NEWSPAPERS LIMITED
MIDLAND UNITED NEWSPAPERS LIMITED
REACH MAGAZINES LIMITED
MIRRORTEL LIMITED
MICROMART (UK) LIMITED
SYNDICATION INTERNATIONAL (1986) LIMITED
REACH SOUTHERN MEDIA LIMITED
NCJ MEDIA LIMITED
MIRROR PROJECTS LIMITED
FIRST PRESS PUBLISHING LIMITED
REACH SECRETARIES LIMITED
ISLE OF WIGHT NEWSPAPERS LIMITED
SYNDICATION INTERNATIONAL LIMITED
CHANNEL ONE LIVERPOOL LIMITED
MIDLAND INDEPENDENT MAGAZINES LIMITED
TIH (NEWCASTLE) LIMITED
REACH PRINTING SERVICES (TEESSIDE) LIMITED
MIDLAND INDEPENDENT WEEKLY NEWSPAPERS LIMITED
KENT REGIONAL NEWSPAPERS LIMITED
COVENTRY NEWSPAPERS LIMITED
TRINITY MIRROR ACQUISITIONS (2) LIMITED
TRINITY MIRROR DIGITAL 1 LIMITED
VIBRANT LIMITED
WEBSALVO.COM LIMITED
VECTIS INNOVATIONS LIMITED
TRINITY MIRROR REGIONAL NEWSPAPERS LIMITED
WIRE TV LIMITED
TRINITY MIRROR MARKETING DIRECT LIMITED
VIVID LIMITED
TRINITY LIMITED
TM TOWER MANAGEMENT SERVICES LIMITED
TRINITY 102 LIMITED
THE LIVERPOOL DAILY POST AND ECHO LIMITED
JOBSINHRSOLUTIONS LIMITED
SMART MEDIA SERVICES LIMITED
THE ADVERTISER LIMITED
MG6 LIMITED
SCOTFREE LIMITED
BIRMINGHAM POST & MAIL TRUSTEES LIMITED
SUNDAY BRANDS LIMITED
OK! MAGAZINE HOLDINGS LIMITED
ICSCOTLAND LIMITED
NEWSDAY LIMITED
MEN INVESTMENT LIMITED
MIDLAND LEAFLET SERVICES LIMITED
0800 RECRUIT LIMITED
EXPRESS PROPERTY MANAGEMENT LIMITED
MIRROR COLOUR PRINT (LONDON NO. 1 PLANT) LIMITED
CENTURY COMMUNICATIONS LTD.
PARKSIDE CONSULTING LIMITED
SOUTHNEWS TRUSTEES LIMITED
MGN PROPERTY DEVELOPMENTS LIMITED
EXPRESS PRINTERS MANCHESTER LIMITED
INTERNET RECRUITMENT SOLUTIONS LIMITED
SURREY & BERKSHIRE MEDIA LIMITED
PEOPLE LIMITED(THE)
JOBSINUK LIMITED
MIDLAND WEEKLY NEWSPAPERS LIMITED
HOT FLIGHTS LIMITED
NEWCASTLE CHRONICLE AND JOURNAL LIMITED
JOBSINLAW LIMITED
PARKSIDE ACCOUNTANCY LIMITED
MGN (SERVICES) LTD
PLANET RECRUITMENT LIMITED
DUNDONIAN PUBLICATIONS LIMITED
CDE SERVICES LIMITED
HOT FLATS LIMITED
INSIDER GROUP LIMITED
ABERDONIAN PUBLICATIONS LIMITED
MAYFAIR CELEBS LIMITED
LANCASHIRE & CHESHIRE COUNTY NEWSPAPERS LIMITED
MANCHESTER MORNING NEWS LIMITED
ECHO BUILDING (LIVERPOOL) LIMITED
INTERNATIONAL DISTRIBUTION 2018 LIMITED
Simon holds no options over ordinary shares in the Company.
There are no further disclosures to be made under Schedule 2(g) of the AIM
Rules for Companies.
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