Ebiquity PLC Board changes (8292A)
October 01 2015 - 2:00AM
UK Regulatory
TIDMEBQ
RNS Number : 8292A
Ebiquity PLC
01 October 2015
Ebiquity PLC
("Ebiquity" or the "Company")
Board Changes
The Board of Ebiquity is pleased to announce the appointment of
Michael Karg as Chief Executive Officer of the Company with effect
from 1(st) January 2016.
Michael Karg succeeds Michael Greenlees who has been Chief
Executive Officer of the Company for the last 8 years. Michael
Greenlees has decided that, having built Ebiquity into a world
leading international marketing analytics company, now is the right
time for new leadership to take the business to the next stage of
its development.
Since 2013, Michael Karg has been Chief Executive Officer of
Razorfish International, the digital business transformation agency
of Publicis Groupe, having served as Chief Operating Officer,
Razorfish and Digitas International previously since 2010.
He has worked globally over a fifteen year career with Razorfish
and Digitas, advising some of the world's largest companies on
their omni-channel marketing strategies. Whilst at Razorfish he was
responsible for growth and development in Europe, India, China,
South East Asia and Australia. Michael holds a degree in Finance
and Accounting and a doctoral degree in Business Administration. He
served as a visiting Fellow at Harvard University from 1999 to
2000. He is a member of the Board and Chair of the Compensation
Committee of Travelzoo (NASDAQ: TZOO).
Michael Greenlees will remain on the Board as an Executive
Director until an orderly handover and transition has been
completed and will then serve the Company in an advisory capacity
for a period of two years from 30(th) April 2016.
Michael Higgins, Chairman said:
"Michael Karg is an outstanding appointment for Ebiquity. He has
considerable experience across our industry particularly in digital
marketing and in growing businesses on a global scale. He has
amassed a wealth of international experience and has an impressive
and proven track record in building marketing businesses. We
welcome Michael.
On behalf of the Board and the Company we are immensely grateful
for Michael Greenlees's vision, expertise and constant drive which
have made Ebiquity the company it is today."
Michael Greenlees said:
"Ebiquity is a remarkable growth story in a dynamic market. I am
confident that Michael Karg has the skillset, ability and passion
to take Ebiquity through the next stage of its exciting development
plans. At Razorfish, Michael has been at the cutting edge of the
marketing and media industry enabling him to move quickly to make a
significant contribution to Ebiquity's continuing success."
Michael Karg said:
"I am delighted to be joining Ebiquity and to have the privilege
of leading this dynamic business and market leader. Ebiquity has
seen the future where corporates now thoroughly interrogate the
returns of their marketing spend. With the systems that Ebiquity
has developed, its geographical spread and providing clients with
ever more detailed insights into best execution, I believe that
Ebiquity has a bright and prosperous future ahead of it."
Further information
Michael Karg, 44, is currently a director of Travelzoo Inc.,
Razorfish Hong Kong, Razorfish Consulting (Shanghai), e-Crusade
Holding Company Limited, Razorfish UK Limited, Nurun SAS and
2DataFish.
There is no further information to be disclosed pursuant to Rule
17 or Schedule Two paragraph (g) of the AIM Rules for
Companies.
1(st) October 2015
Enquiries:
Ebiquity 020 7650 9600
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Michael Greenlees, CEO
Andrew Beach, CFO
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Instinctif Partners 020 7457 2020
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Matthew Smallwood
Guy Scarborough
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Numis Securities 020 7260 1000
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Nick Westlake (NOMAD)
David Poutney, James Serjeant
(Corporate Broker)
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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