29 April 2024
S4Capital plc
("S4Capital" or "the
Company")
Board Change
S4Capital plc (SFOR.L), today announces
that in addition to the executive board changes announced on
27 March 2024, Paul Roy has informed the Company that he
will not be standing for re-election as a Non-Executive Director at
the Company's forthcoming Annual General Meeting. He
has served on the Board for nearly 6 years including chairing the
Nomination and Remuneration Committee. As part of reducing his
commitments to commercial and corporate interests, Paul will retire
from the Board at the AGM to be held on
6 June 2024.
Following Paul's retirement, Sue Prevezer
KC will assume the Chair of the Nomination and Remuneration
Committee and both Miles Young and Colin Day will join the
committee. It will, therefore, now comprise Sue Prevezer KC
(Chair), Rupert Faure-Walker, Miles Young and Colin Day.
Sue Prevezer KC's tenure on the Board of
S4Capital and her experience at both the Nomination and
Remuneration Committee and the Audit and Risk Committee, as well as
her extensive experience in leadership roles made her a clear
choice to be Paul Roy's successor.
Sir Martin Sorrell, Executive Chairman said: "Paul has
been a strong advocate for S4 Capital since its
beginnings six years ago. He has made a major contribution to the
Board and the Nomination and Remuneration Committee as its
Chairman. We are sorry to see him retire from the Board as he
reduces his corporate commitments and workload. Sue, however, will
be a strong successor and we are pleased to welcome both Miles
Young and Colin Day to the committee, as well as continuing to
benefit from Rupert Faure-Walker's experience."
Paul Roy said: "I am pleased and proud to have been
able to join Sir Martin at the start-up/inception of S4
Capital. We have had our challenges, not least some very difficult
and volatile markets, but Sir Martin and team have a business
model, the talent and motivation to continue building a very
successful business."
Enquiries:
S4Capital
Tel: +44 (0)20 3793 0003
Sir Martin Sorrell (Executive
Chairman)
Powerscourt (PR Adviser to
S4Capital)
Tel: +44 (0) 7970 246 725
Elly
Williamson
Pete Lambie
About S4
Capital
S4 Capital plc (SFOR.L) is the tech-led,
new age/new era digital advertising, marketing and technology
services company, established by Sir Martin Sorrell in May
2018.
Our strategy is to build a purely digital advertising
and marketing services business for global, multinational,
regional, and local clients, and millennial-driven influencer
brands. This will be achieved by integrating leading businesses in
three practices: Content, Data&Digital Media and Technology
Services, along with an emphasis on 'faster, better, cheaper, more'
execution in an always-on consumer-led environment, with a unitary
structure. Victor Knaap, Wesley ter Haar, Christopher S. Martin,
Scott Spirit and Mary Basterfield all joined the S4 Capital Board
as Executive Directors. The S4 Capital Board also includes Rupert
Faure Walker, Paul Roy, Daniel Pinto, Sue Prevezer, Elizabeth
Buchanan, Naoko Okumoto, Margaret Ma Connolly, Miles Young and
Colin Day.
The Company now has approximately 7,700 people in 32
countries with approximately 80% of net revenue across the
Americas, 15% across Europe, the Middle East and Africa and 5%
across Asia-Pacific. The longer-term objective is a geographic
split of 60%:20%:20%. Content currently accounts for approximately
60% of net revenue, Data&Digital Media 25% and Technology
Services 15%. The long-term objective for the practices is a split
of 50%:25%:25%.
Sir Martin was CEO of WPP for 33 years, building it
from a £1 million 'shell' company in 1985 into the world's largest
advertising and marketing services company, with a market
capitalisation of over £16 billion on the day he left. Prior to
that Sir Martin was Group Financial Director of Saatchi &
Saatchi Company Plc for nine years.
