RM plc: Appointment of Mark Cook as Chief Executive Officer (1532087)
11 Januar 2023 - 8:00AM
UK Regulatory
RM plc (RM.) RM plc: Appointment of Mark Cook as Chief Executive
Officer 11-Jan-2023 / 07:00 GMT/BST Dissemination of a Regulatory
Announcement, transmitted by EQS Group. The issuer is solely
responsible for the content of this announcement.
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This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/ 2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("UK MAR"), and is disclosed in accordance
with the Company's obligations under Article 17 of UK MAR. Upon the
publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain. The person responsible for making this disclosure on
behalf of the Company is Ashley Whitcher, General Counsel and
Company Secretary.
11th January 2023
RM plc
Appointment of Mark Cook as Chief Executive Officer
RM plc, ("RM" or "the company"), a leading supplier of
technology and resources to the education sector announces the
appointment of Mark Cook as CEO, effective from 16 January 2023.
Neil Martin the current CEO will remain an Executive Director of RM
to ensure an orderly handover until the preliminary results have
been released for the financial year ended 30 November 2022.
With a background in business process and technology, Mark
brings extensive experience in business transformation and creating
shareholder value. After qualifying as an accountant and working in
several finance roles, Mark moved into consulting, joining Xansa
PLC, where he led transformation and systems implementation
programmes for clients including the BBC and Boots. Following this,
Mark joined Getronics Group in 2010 taking the business from public
ownership under KPN Telecom NV into private ownership under
Aurelius Investments. As Group CEO, Mark and his team led the
growth of Getronics, having refocused the portfolio and created a
global technology digital services business, prior to its sale to a
U.S. investment consortium. In 2019, Mark joined Capita plc as CEO
for the People Solutions Division and latterly the Technology
Solutions Division, a GBP650m revenue business, spanning Capita's
cloud, connectivity and resourcing solutions for the public and
commercial sector. Mark is currently non-executive Chairman of
Searchlight Consulting.
Helen Stevenson, Chair, said: "I am delighted with the
appointment of Mark Cook as CEO. Mark has a strong track record of
transforming and growing businesses to deliver shareholder value.
RM has leading brands, great people and strong customer
relationships and the Board looks forward to working with Mark to
ensure we deliver on the significant potential. On behalf of the
Board, I would like to thank Neil for his contribution to RM. The
last year in particular has been a challenging period for the
Group, and the Board is grateful to Neil for his exceptional
efforts in stabilising the business in recent months."
Mark Cook said: "I am excited to be joining RM. It is a business
with a rich heritage and strong market positions, playing an
important role in the education of thousands of individuals across
the UK and internationally. I recognise that there is much more to
be done to deliver consistent value for all our stakeholders. My
priority will be working with Helen and the Board to ensure that
this is achieved and ensure that the Group takes full advantage of
the opportunities in its chosen markets."
Neil Martin said: "It has been a privilege to work for RM, it
has great people who are passionate about the organisation and its
purpose of enabling the improvement of education outcomes. I look
forward to supporting Mark to get up to speed with the
business."
The Company confirms that there are no other disclosures that
need to be made under Listing Rule 9.6.13 relating to the
appointment of Mark Cook.
Enquiries:
RM plc
Helen Stevenson, Chair Tel: +44 (0)1235 401 805
Neil Martin, Chief Executive Officer investorrelations@rm.com
Cynthia Alers, Investor Relations Director (interim)
Headland Consultancy Tel: +44 (0)203 805 4822
Stephen Malthouse smalthouse@headlandconsultancy.com
Jemma Savage jsavage@headlandconsultancy.com
Notes to Editors:
RM plc is a leading supplier to the international education
sector. Established in 1973, RM provides market-leading products
and services to educational institutions, exam bodies and
international governments which improve, simplify and support
education and learning. The education sector is transforming and
assimilating digital solutions, and RM is well positioned to
capitalise on this through its three divisions:
-- RM Resources, an established provider of education resources
for early years, primary schools, andsecondary schools across the
UK and to eighty countries internationally.
-- RM Assessment, a leading provider of assessment software,
supporting exam awarding bodies, universities,and governments
worldwide to digitise their assessment delivery.
-- RM Technology, a market-leading supplier of ICT software,
technology and services to UK schools andcolleges.
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ISIN: GB00BJT0FF39
Category Code: BOA
TIDM: RM.
LEI Code: 2138005RKUCIEKLXWM61
OAM Categories: 2.2. Inside information
3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 214758
EQS News ID: 1532087
End of Announcement EQS News Service
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