– UK, Wakefield – Team17 Group PLC (LON: TM17), a global games label, creative partner, developer, and publisher of video games and apps, today announced the appointment of Frank Sagnier as Non-Executive Chair designate effective on 6 September 2023, to succeed Chris Bell who will step down from his role on 31 December 2023. Frank will officially assume the role of Chair from 1 January 2024.
“I extend a very warm welcome to Frank. Frank is one of the most respected gaming executives globally in video games, his knowledge is second to none, but equally, his leadership and experience in the gaming world will bring huge value to the Board as we prepare for the next stage. I have known Frank for a number of years and have always been impressed by his passion for gaming, creators, and knowledge of our sector. Frank also brings strong M&A experience that the group will benefit from. Frank’s appointment significantly strengthens the Board’s gaming pedigree,” said CEO, Debbie Bestwick.
Frank Sagnier will also join the Nomination Committee as Chair, and the Audit and Remuneration Committees as a member.
About Frank Sagnier
Frank Sagnier brings over 25 years of gaming sector experience to the Board, having held plc, private equity, and senior roles with Codemasters, Electronic Arts, Acclaim Entertainment, Double Fusion, and Funcom. He began his career in advertising at Grey before moving to marketing roles at Warner Bros. Entertainment and Acclaim Entertainment. In 1999, he joined Electronic Arts, where he was responsible for marketing and third-party game development and publishing across Europe.
In 2014, Frank Sagnier was appointed CEO of Codemasters. During his tenure he led the transformation and restructuring of the business, building one of the most iconic racing games development studios and publishers of the F1 racing brand, before leading the company’s successful IPO in 2018. Codemasters was later acquired by EA in 2021, in a deal worth $1.2bn.
Frank Sagnier commented: “I have long admired how Debbie has built Team17 through her drive, determination, deep understanding of all aspects of the business, and her unique ability to discover and nurture talent. Debbie has created significant shareholder value over three decades. In the last few years, she has built a strong leadership team to scale the company behind Team17’s proven business model. I am delighted Debbie will remain on the board. I am looking forward to working with Steve, Mark, the exec team, and the Board to further build on Team17’s exceptional foundations, to ensure the Group continues to achieve its strategic ambitions; delivering exceptional games for players and solid returns for shareholders.”
About Team17
Team17 Group plc is a global provider of games entertainment to a broad audience. The Group now includes a games entertainment label and creative partner for indie developers, a leading developer of educational apps, targeting children under the age of eight, and a leading working simulation games developer and publisher.
SOURCE: https://www.team17.com/
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