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XLMedia PLC - Henley-On-Thames-based digital performance publisher that operates online gambling, personal finance and sports platforms - Says Chief Executive Officer Stuart Simms is resigning from his role in the following months. ‘He will remain with the business for the next few months to support the executive team and board, and to facilitate an orderly handover,’ the company explains.
Stuart Simms has been CEO of the company since October 2019.
The board is starting a formal executive search process to find a new CEO, ‘who the board believes can build upon the transformation of XLMedia over the past two years,’ XLMedia explains.
Current stock price: 36.31 pence, down 9.8% on Monday
12-month change: down 35%
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