SEEEN PLC CEO Appointment (9283R)
11 Julio 2022 - 1:00AM
UK Regulatory
TIDMSEEN
RNS Number : 9283R
SEEEN PLC
11 July 2022
SEEEN plc
("SEEEN", the "Company" or the "Group")
CEO Appointment
SEEEN plc (AIM: SEEEN) , the video optimisation platform company
offering proprietary technology products and services to brands,
creators and publishers for harvesting video moments to enable
discovery, sharing, e-commerce and improved digital marketing
yield, is pleased to announce the promotion of Adrian Hargrave as
the Group's CEO and return of Akiko Mikumo and David Anton as
non-executive directors following their work as Interim Co-CEOs
.
As the Group noted in its recently released accounts, during 1H
2022 the Company released its initial products and now has
successfully launched its Go to Market program with several
customer wins and a growing sales pipeline. Beyond his current role
as Chief Financial Officer, Adrian has led the closure of several
customer wins and helped develop the sales pipeline and pricing
structures.
The Board intends to appoint a Chief Financial Officer in the
near term, with Adrian continuing to work with the finance team
until then. Currently, the Board is reviewing various candidates
and intends to solicit the input from its stakeholder groups.
Chairman, Patrick DeSouza, commented: "We welcome Adrian to his
new role that really is not new to him. As SEEEN has gained
commercial traction during 1H with customer wins, Go to Market
partnerships and various customer deliveries of our video moments
technology, Adrian has been in the middle of the process showing
leadership in support of Akiko and David, our Interim Co-CEOs.
Adrian also brings the important dimension of having worked in the
London financial market for most of his career and is well known to
our institutional investors. To be sure, as Akiko notes below, it
is really our whole team including our CTO and President of our MCN
business that have banded together during demanding times to
deliver a growing company in a growing media-tech market."
Akiko Mikumo, Vice Chair, added: "It is now the right time for
David and I to step back into non-executive roles, as the Group has
a clearly defined path for commercialisation that we are confident
Adrian will execute. David and I have also been extremely impressed
with the other senior members of the management team, Jake
Desjarlais and Jacob Coby, who both understand what is required to
succeed in this market and we look forward to the team working
together to deliver significant value to all our shareholders."
Chief Executive Officer, Adrian Hargrave, added: "I appreciate
the vote of confidence and am excited about the Group's
opportunities going forward. We are already delivering results for
our customers through the use of Key Video Moments. These
referenceable customers will help us accelerate customer
acquisition. Market demand will grow as video asset owners focus
more strongly on their video ROI, including direct e-commerce sales
and media monitoring. The Board identified core sales KPIs in our
recent 2021 Final Results and the team is focused on delivering
against each of these to drive strong results for our
shareholders."
SEEEN
Adrian Hargrave, CEO Tel: +44 (0)7775
Patrick DeSouza, Chairman 701 838
Panmure Gordon Tel: +44 (0)20 7886
(Financial Adviser, Nominated Adviser & 2500
Joint Broker )
Alina Vaskina / Harriette Johnson (Corporate
Advisory)
Rupert Dearden (Corporate Broking)
Dowgate Capital (Joint Broker) Tel: +44 (0)20 3903
7721
Stephen Norcross
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END
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