– UK, London – CentralNic plc, (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, is pleased to announce the appointment of Mike Turner as Non-Executive Chairman, with immediate effect.
Mike Turner is a Partner and International Head of Technology Media and Communications at the international law firm Taylor Wessing. He has over 30 years of experience working in London, New York and Los Angeles, advising private and publicly held clients on corporate transactions in the technology, telecoms, advertising/marketing services, traditional/digital media, internet and ecommerce sectors. He has also been a partner responsible for technology investments at Oakfield Partners.
CentralNic CEO Ben Crawford commented: “Mike Turner is one of the best-known figures in European and Trans-Atlantic Technology M&A. His experience in leading and advising on major transactions is matched by his passion for the technology sector. Mike’s deep expertise and vast network will be invaluable to CentralNic as we continue our combination of organic and acquisition-led growth.”
Outgoing Chairman John Swingewood has resigned from the CentralNic Board to pursue other business interests.
CentralNic CEO Ben Crawford commented: “John Swingewood’s Chairmanship saw CentralNic grow from a small private company to an AIM-listed global player in the domain name industry. The Board thanks him for his service and wish him the best for his future endeavors.”
About CentralNic
CentralNic (LSE: CNIC) is a London-based AIM-listed company which earns revenues from the worldwide sales of internet domain names over its proprietary technology platform. These domain names are sold on an annual subscription basis and paid for by customers upfront, making CentralNic a cash-generative business with annuity revenue streams. CentralNic comprises three business lines within the domain name industry. It operates a global wholesale network, supplying domain names to over 1,500 vendors in 77 countries. CentralNic is the exclusive wholesaler for all domains ending with .tickets, .site, .design .bar, .love, .feedback, .xyz, and over 30 other new Top-Level Domain extensions (the new. alternatives to .com and .net). One in five of all domains registered under new TLDs globally uses the CentralNic platform, ranking CentralNic as the number two global supplier with over one million of these domains under management. CentralNic is also a leading global domain name retailer, with its retail websites including internetbs.net, buydomains.london and domain.luxury. Additionally, via its enterprise programme, CentralNic supplies domain names (including high-value premium domain names), software and services directly to large corporations and governments.
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