Centaur Media’s chief financial officer, Geoff Wilmot, is being promoted to chief executive replacing long-serving CEO Graham Sherren – who stays on as chairman.
Wilmot, 53, has been CFO of business magazines specialist Centaur since 1998 having previously worked as CFO of The Thomson Corporation Legal & Professional. He starts his new job in November.
Sherren, 68, said: “Geoff has been with us now for eight years and has done a brilliant job here as CFO, so it’s an absolutely natural step up as far as he’s concerned.
“It will mean a shift of emphasis and a shift of responsibility for me, and so it should. But it’s probably less significant in some ways because we’ve all worked together for so long.”
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Wilmot's appointment was announced in Centaur’s pre-close trading statement, which revealed that its advertising revenues are expected to be up 10 per cent year-on-year.
Sherren said: “I think we are doing very well in a number of different sectors. But there are so many good stories that to single out one or two is probably unfair.”
Centaur’s titles include: The Engineer, Marketing Week, Money Marketing, The Lawyer, Design Week and New Media Age.
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