3 May 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF
ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 ON
MARKET
ABUSE ("UK MAR"), AS IT FORMS PART OF UK DOMESTIC LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT
2018
Future plc
Appointment of Sharjeel Suleman as Chief
Financial Officer
The Board of Future plc ("Future" or
"the Company"), the global platform for specialist media, is
pleased to announce the appointment of Sharjeel Suleman to the
Company's Board as Chief Financial Officer.
Sharjeel is currently Chief
Financial Officer at ITV Studios, a role he has held for the last
five years. Before this, he held a variety of senior finance roles
at ITV plc including Director of Group Finance and Director of
Investor Relations. Sharjeel started his career at KPMG, where he
qualified as a chartered accountant.
Sharjeel will join the Company and
the Board at a date that will be communicated in due course. He
replaces Penny Ladkin-Brand who, as previously announced, will
leave the Company and step down from the Board on 28 July
2024.
Deputy CFO Jean du Preez will lead
the finance function during the interim period.
Sharjeel will be paid in accordance
with the Company's Directors' Remuneration Policy. Details of
Sharjeel's remuneration arrangements will be set out in the Annual
Report and Accounts for the year ended 30 September
2024.
Jon
Steinberg, Future plc Chief Executive said:
"We are delighted that Sharjeel will be joining us.
He brings fantastic industry experience from his roles at ITV, in
particular driving growth across international markets, and I know
he will be a strong addition to the Future team. I would also like
to thank Penny for her support since I joined last year, I wish her
every success for the future."
Richard Huntingford, Future plc Chair, said:
"I'd like to welcome Sharjeel to the Future plc
Board where he will play a significant role in helping to deliver
our Growth Acceleration Strategy. I echo Jon's thanks to Penny for
the key role that she has played over the last nine years in
building Future into the leading digital media platform that it is
today. She leaves with our very best wishes for the
future."
Sharjeel Suleman, incoming Chief Financial Officer
said: "I'm very much looking forward
to joining Future. The media industry is one that I'm very
passionate about and the opportunity to work with Jon, and the
wider executive team at Future, as they embark on this next chapter
is one that I'm very excited about and look forward to being part
of."
There are no other details to be
disclosed in accordance with paragraph 9.6.13 of the Listing
Rules.
The person responsible for releasing
this announcement is David Bateson, Company Secretary.
Enquiries
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Future plc
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Jon Steinberg, Chief Executive
Officer
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+44 (0)1225 442244
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Penny Ladkin-Brand, Chief Financial
Officer
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Marion Le Bot, Head of Investor
Relations
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+44(0)7775 641509
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Media
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Headland
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+44 (0) 20 3805 4822
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Stephen Malthouse, Charlie
Twigg
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future@headlandconsultancy.com
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Legal Entity Identifier (LEI):
213800K2581YRLEXV353
About Future
We are the platform for creating and
distributing trusted, specialist content, to build engaged and
valuable global communities. We operate c.230 brands in diversified
content verticals, with multiple market leading positions and three
core monetisation frameworks: advertising, eCommerce affiliate and
direct consumer monetisation (subscriptions and newstrade magazine
sale). Our content is published and distributed through a range of
formats including websites, email newsletters, videos, magazines
and live events. The successful execution of our strategy is
focused on three pillars: grow engaged audience, diversify and grow
revenue per user and optimise the portfolio.