YouGov Finance Head to Retire

YouGov CFO Alan Newman has informed the Board of his intention to retire by the end of the year. The recruitment process for his successor is underway.

A former Partner at KPMG UK, Newman took over the YouGov role in 2008 when revenues were £40.4m, but had rocketed from £14.3m the previous year due to major acquisition activity. Perhaps as a result, the next two years were challenging, but by 2011 the company was back on its 'usual' growth curve, where it has stayed pretty much ever since. Newman will go out on a high, with interim results released today showing the company added 9% to revenues, at constant currencies, in the year ended 31st July 2017, to reach £107.0m.

Chairman Roger Parry comments: 'On behalf of the Board and the entire management team, I would like to thank Alan for nine years of tireless commitment, loyalty and professionalism. He has been instrumental in the growth and success of YouGov and he leaves the business in a strong financial position. We wish him well for the future'. CEO Stephan Shakespeare adds: 'Since joining YouGov in 2008, Alan has helped me to implement and progress the YouGov Group strategy - he can be proud of the strong financial momentum he leaves behind'.

Web site: www.yougov.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.