Paragon Entertainment Limited – Appointment of CEO

Paragon Entertainment Limited (AIM: PEL), the attractions design, production and fit-out business, announces that it has appointed Damien Latham as CEO with immediate effect.

Damien has been working in the Leisure and Entertainment industry for the last 25 years. After 14 years at Center Parcs he joined Majid Al Futtaim in Dubai as a General Manager which led to a succession of roles and responsibilities across their portfolio of attractions, including the Ski Dubai and Magic Planet businesses. In 2014 he became the COO and in 2015 was appointed the CEO looking after the design development and operation of more than 50 business units across 11 countries. In January 2018 he joined Emaar Entertainment as CEO to drive the role out of Reel cinemas and the development and operations of all the entertainment elements at Emaar such as Dubai Aquarium, Kidzania Dubai and VR Park, managing over 1100 staff and a turnover of £185m.

Mark Pyrah will remain as a board member, returning to the Sales and Development Director role he held prior to being appointed as interim CEO.

Mark Taylor, Chairman, stated ‘I would like to thank Mark Pyrah for stepping into the CEO role over the past seven months during which he has delivered an excellent performance under trying circumstances. I would also like to welcome Damien to the team. We are all excited at what this board can achieve and with Damien’s experience and leadership I am sure Paragon will enter a new and exciting phase of its development.’