TIDMYOU
RNS Number : 1859W
YouGov PLC
14 April 2023
14 April 2023
YouGov plc
("YouGov" or "the Group" or "the Company")
Appointment of Steve Hatch as CEO
YouGov, the international research and data analytics group, is
pleased to announce the appointment of Steve Hatch as Chief
Executive Officer. This appointment follows a comprehensive
international search process, supported by leading international
executive search firm Egon Zehnder, which considered a wide range
of both internal and external candidates.
Steve will join the Company on 1 August 2023, succeeding Stephan
Shakespeare who will assume the role of Non-Executive Chair, as
previously announced. Stephan will work closely with Steve in the
initial months of his appointment to ensure a smooth transition of
responsibilities at the Group.
Roger Parry will therefore be standing down from the role of
Non-Executive Chair on 31 July 2023, in line with the previously
disclosed Board succession plan. Nick Prettejohn will take on the
role of Senior Independent Director on 1 August 2023, taking over
the role from Rosemary Leith who will stay on the Board following
this planned transition and will continue as Chair of the
Remuneration Committee.
Steve has over 30 years' experience leading high growth
marketing, media, and technology companies. He was appointed as
Facebook's first Regional Director for the UK in 2014, overseeing a
fundamental evolution of the platform. In 2016, Steve became Meta's
Vice President for Northern Europe managing all business operations
and strategy for the region, driving the introduction of Meta's
e-commerce products and development of the company's insight
tools.
Prior to joining Facebook, Steve spent 15 years at WPP, his
final role being CEO of media agency, MEC, which he led to become
Agency of the Decade in 2013. Before joining WPP, Steve worked in
strategy roles at Omnicom and Y&R.
Steve is currently a Non-Executive Director at Reach plc, a
position he has held since 2015. Steve will be stepping down from
this role before he joins YouGov.
Roger Parry, Non-Executive Chair, said: "On behalf of the YouGov
Board, I am delighted to announce the appointment of Steve Hatch as
our incoming Chief Executive Officer, following a comprehensive
international search process. Steve brings over 30 years of
relevant leadership experience and valuable sector expertise in
consumer profiling, e-commerce, and business transformation with a
proven track record in scaling technology platforms and digital
media businesses. These capabilities make Steve perfectly suited to
lead YouGov through its third strategic growth plan and beyond.
It has been a privilege to serve as Chair of YouGov over the
last 16 years. As I prepare to hand over to Stephan Shakespeare, I
have full confidence that we have set the right strategic direction
to deliver another long-term period of profitable growth for the
business and have now established the right Board and executive
team to see that plan implemented to its full potential. I remain
fully engaged on supporting the Board succession transition
activities leading up to the handover at the start of August."
Steve Hatch said: "YouGov is a business I have closely followed
and admired for some time. The company is in a strong position with
a clear strategic direction and significant investment in
technology and international reach driving robust client demand and
consistent top line growth performance in recent years. I look
forward to working closely with Stephan, the wider Board and the
full YouGov team on the great opportunities ahead in the third
strategic growth plan as we look to create further value for
customers, partners, shareholders, and colleagues."
Stephan Shakespeare, Chief Executive Officer and Non-Executive
Chair Designate, said: "It is a pleasure to welcome Steve to
YouGov. I am confident that I will be handing over the reins with
YouGov in its strongest ever position and with a clear strategy to
realising our vision of building the world's leading marketing data
and research platform. It will be an honour to step into the role
of Non-Executive Chair in August and continue my journey with the
Company. I am hugely excited for what the future holds for
YouGov."
Enquiries
YouGov plc
Tilly Heald / Hannah Jethwani 020 7012 6000
FTI Consulting
Charles Palmer / Tom Blundell / Jemima
Gurney 020 3727 1000
Numis Securities (NOMAD and Joint Broker)
Nick Westlake / Iqra Amin 020 7260 1000
Berenberg (Joint Broker)
Mark Whitmore / Richard Andrews / Alix
Mecklenburg-Solodkoff 020 3207 7800
This Announcement is issued on behalf of the Company by Tilly
Heald, Company Secretary.
About YouGov
YouGov is an international online research data and analytics
technology group.
Our mission is to offer unparalleled insight into what the world
thinks.
Our innovative solutions help the world's most recognised
brands, media owners and agencies to plan, activate and track their
marketing activities better.
With operations in the UK, the Americas, Europe, the Middle
East, India and Asia Pacific, we have one of the world's largest
research networks.
At the core of our platform is an ever-growing source of
consumer data that has been amassed over our twenty years of
operation. We call it Living Data. All of our products and services
draw upon this detailed understanding of our 24+ million registered
panel members to deliver accurate, actionable consumer
insights.
As innovators and pioneers of online market research, we have a
strong reputation as a trusted source of accurate data and
insights. Testament to this, YouGov data is regularly referenced by
the global press, and we are the most quoted market research source
in the world.
YouGov. Living Consumer Intelligence.
For further information, visit business.yougov.com
Additional Disclosures Required under the AIM Rules for
Companies
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies:
Steven Thomas Hatch (aged 53) is or has been a Director of the
following companies within the past five years:
Current Directorships:
POSITION ORGANISATION
Director Reach plc
Past Directorships (within past five years):
None
No other information is required to be disclosed pursuant to
Schedule Two paragraph (g) of the AIM Rules for Companies.
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