Future plc today announces that Chief Executive Mark Wood is standing down from the role and will take a non-executive directorship on the plc Board. He hands over to current Chief Financial Officer Zillah Byng-Maddick, who takes over as CEO on 1 April.
Mark says: “Zillah has made a tremendous impact since she joined Future. She was brought in for her experience in both digital transformation and organisational structuring and has precisely the skills needed to lead the company through the next phase of its evolution.”
Zillah says: “Future is an excellent business going through fast transition thanks to Mark’s leadership. We have considerable momentum and market-leading content that has high impact with a global audience. I look forward to leading the business through the next phase of its evolution.”
Zillah joined Future as CFO in November 2013. She was previously CFO and interim CEO at Trader Media, publisher of Auto Trader, prior to which she was CFO and latterly MD at Fitness First.
Mark was appointed Group CEO in 2011. During his time in charge the company emerged as a digital leader in the UK. It now draws 60 million unique users to its websites each month and has a 23% market share in audited digital magazines sold on tablets. The company’s overall digital revenues grew 33% last year. During his tenure, Future became unique in being named Digital Consumer Publisher of the Year by the AOP and the PPA, as well as Media Company of the Year at the British Media Awards.
Mark adds: “We have come a long way in the last three years but recent trading results underline that there is still much to be done. I will still be involved in the business and will give Zillah all the support I can. But the change in role also allows me to follow up some interesting recent approaches.”
For more information please contact Chris Taylor, Director of Communications at
or 0207 042 4033 / 07980 221942
• Future plc is an international media group and leading digital business, listed on the London Stock Exchange (symbol: FUTR).• Future has been named Consumer Digital Publisher of the Year for three years in a row by the Association of Online Publishers (2011, 2012, 2013) and has been named the Professional Publishers Association Digital Publisher of the Year for two consecutive years (2012, 2013). Future is also the British Media Awards Media Company of the Year.• We have operations in the UK, US and Australia creating more than 200 publications, apps, websites and events.• We hold market-leading positions in Technology, Games, Guitar, Creative and Sport & Auto sectors.• We attract 58 million monthly global unique users to our websites, which include techradar.com, gamesradar.com, bikeradar.com and musicradar.com.• Future sold more than 19 million magazines last year, that's 37 magazines sold every minute. Our most well-known brands include T3, Cycling Plus, Total Film, Mollie Makes and Xbox: The Official Magazine.• Future has developed its own app-creation software, FutureFolio. We produce over 100 digital editions, and have sold over 5 million digital issues in the last year.• Future exports or syndicates 225 publications to over 89 countries, making us the UK's number one exporter and licensor of magazine content.• Follow Future plc on Twitter at www.twitter.com/futureplc and on LinkedIn at www.linkedin.com/company/future-publishing