ZOO Digital Group plc (LON:ZOO), the provider of localisation and digital distribution services for the global entertainment industry, announces that Helen Gilder, the Company’s Chief Finance Officer (CFO), will be leaving the Company. Helen will continue in her role and as a director for up to six months from the date of this announcement to ensure an orderly handover to her successor. The Company has begun a process to identify and recruit her successor.
Helen has been with ZOO for 18 years and has been CFO since 2006. As a senior member of the management team Helen has contributed significantly to the transformation of the Company from a small business providing DVD authoring tools for one large customer, to become one of the leading providers of localisation services to most of the major Hollywood studios and global digital entertainment distributors.
Helen Gilder said: “ZOO is at a really exciting point in its development. While it will feel strange to not be involved as the business moves forward, it is the right time for me to pursue the next stage of my career. I wish the business continued success and growth in the coming years.”
Stuart Green, CEO of ZOO Digital, commented: “Helen has made an invaluable contribution to the development of ZOO in recent years. Her skills and commitment have been key to the Company’s navigation through some quite difficult times where Helen ensured tight control of our cash resources, maintained positive relationships with our stakeholders, and contributed to an effective and supportive culture of open communications across the Company. I regret her decision to leave us, but wish her every success in her future career.”
Helen Gilder holds 56,019 ZOO ordinary shares, will receive, on leaving the Company, 11,868 shares that are held on trust for her within a SIP scheme, and holds options over 1.51m shares in ZOO Digital Group plc, representing approximately 2.0% of the fully diluted share capital. The Board has agreed that she may retain these options following her departure from the Company, with all other terms unchanged (as set out in the announcement of 2 August 2017) subject to her entering into an agreement with the Company that governs the orderly conduct of future share sales.