Back to previous section

LBG Media finance chief permanently steps down

LBG Media

Online content publisher LBG Media confirmed on Thursday that chief financial officer Richard Jarvis has stepped down and left the business with immediate effect.

LBG Media

13 February 2025 15:51:04

Source: Sharecast

The AIM-traded firm said Jarvis had previously taken time away from the company for personal reasons, as it announced on 22 January.

Executive chair Dave Wilson, who took on his role last month with a focus on supporting the finance and legal teams, would continue to oversee financial operations while the company searched for a new CFO.

The board said Wilson already had extensive financial and legal experience, having spent 14 years in senior roles at GB Group.

LBG said it had initiated the process to appoint a new CFO, and would provide updates in due course.

“I would like to thank Richard for his commitment and support,” said group chief executive officer Solly Solomou.

“Richard has led important initiatives to build the finance and legal functions that will support our long-term growth ambitions and I wish him well for the future.”

At 1531 GMT, shares in LBG Media were down 7.83% at 106p.

Reporting by Josh White for Sharecast.com.

N/A

Isin: N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

IWeb is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.