One Media iP Group Plc (AIM: OMIP), the digital media content provider which exploits intellectual property rights around music, video and copyright technology, announces proposed changes to the Company’s board.
Subject to normal regulatory due diligence, both Alice Dyson-Jones and Steve Gunning, will join the board as Executive Director and Finance Director respectively.
Alice, with over 20 years’ music industry experience, has, for the last four years, held the role of Managing Director of the Company’s trading subsidiary, One Media IP Ltd.
In September 2017, Alice was elected as a director of the British Phonographic Industry (“BPI”). The BPI is the music industry’s trade body that optimises the trading environment for the UK’s music industry globally.
Steve has been part of One Media’s senior management team since 2016. Steve is One Media’s Company Secretary and the Finance Director of One Media IP Ltd.
Steve is an accountant with over 20 years’ experience in the finance industry, having managed finance functions for a wide range of companies. He is CIMA trained in Management Accounting and is a member of the Association of Accounting Technicians.
Ivan Dunleavy, who has been instrumental over the period of the Company’s buy and build strategy, has indicated that he wishes to step down as Executive Chairman to focus on his other business interests, effective when a suitably experienced replacement has been identified. The Board has accordingly initiated a search for a new independent Non-executive Chairman and will make a further announcement in due course.
Michael Infante, CEO of One Media, commented: “The Company’s buy and build strategy is successfully growing the Company and I’d like to take this opportunity to thank Ivan for his hard work and support during an important period. The Board wishes Ivan all the best in his many other business interests and looks forward to welcoming Alice and Steve to the Board in due course.”