– UK, London – M&C Saatchi PLC (LON: SAA) today announced the appointment of Zillah Byng-Thorne to its Board as Independent Non-Executive Chair, effective from 15 June 2023, to succeed Gareth Davis as Chair following his retirement from the Board at the AGM in June.
“I am delighted that we have attracted someone of Zillah’s caliber to chair the Board. She has a tremendous track record in business and brings great digital and transformation expertise at an important point in M&C Saatchi’s growth journey,” said Senior Independent Director, Lisa Gordon.
The Board also announced the appointment of Chris Sweetland to its Board as a Non-Executive Director, effective from 15 June 2023, subject to regulatory due diligence.
Lisa Gordon, Senior Independent Director will step down from the Board at this next AGM.
About Zillah Byng-Thorne
Zillah has been CEO of magazine publisher and online media company Future plc for nine years and announced she was stepping down from that role effective from 31 March 2023.
Zillah brings a wealth of experience across media and technology businesses, including most recently being CEO of Future plc. She is currently Chair of Trustpilot Group plc and has served on the Boards of Flutter Entertainment plc, GoCompare, and Auto Trader.
Zillah Byng-Thorne said: “M&C Saatchi is a fantastic organization with a combination of brilliant brands and hugely talented people, and I am delighted to join at this pivotal time. I look forward to working with the Board to deliver the next stage of growth. I would like to take this opportunity to thank Lisa for her tremendous contribution to the business.”
About Chris Sweetland
Chris Sweetland will serve as a representative of AdvancedAdvT Limited and Vin Murria who hold in aggregate 27,237,985 ordinary shares in the Company, representing 22.2 percent. of the Company’s issued share capital. Accordingly, Chris will not be considered to be independent.
Chris was previously the Deputy Group Finance Director of WPP Group and is currently a Non-Executive Director at TPX Holdings plc and Unlimited Marketing Group, a private equity-owned marketing services group. Chris will be entitled to remain on the Board provided AdvancedAdvT Limited and Vin Murria retain an aggregate interest of at least 11.5 percent. of the Company’s issued share capital.
Source: https://mcsaatchi.com/
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