DailyDOOH

Adrian J Cotterill, Editor-in-Chief

Ocean Outdoor Limited (LSE: OOUT) announced today that its Co-Chairman Tom Goddard will be stepping down from the board at the end of this year.

A seasoned industry veteran, Tom Goddard has been Chairman of Ocean since July 2009. Under Tom’s chairmanship, Ocean has transformed into a leading pure-play digital operator across the United Kingdom, the Netherlands, the Nordics and Germany, and is well-positioned to increase scale with meaningful organic and inorganic growth opportunities ahead.

Tom told us this morning “I always trust my instincts and after a wonderfully enjoyable decade in the Chair of this unique and special company, I felt now is the right time for me to pass the baton on to Aryeh, who is an outstanding and talented businessman and friend, under whom I have no doubt Ocean will continue to grow and prosper enormously”.

Aryeh B. Bourkoff, Co-Chairman of the Board of the Company, will become the Company’s sole Chairman, also effective 31 December 2020. He said “On behalf of the Board, I want to thank Tom for his many contributions to and leadership of Ocean. Tom has been instrumental in building Ocean and its unique vision to be a pure-play digital company in out-of-home advertising. As Chairman of Ocean and one of its largest shareholders, I am confident that our unique set of digital and premium assets and strong balance sheet, position us well for the future. I commend our management team for the quick and decisive actions they have taken over the past few months to navigate these challenging times.”

This entry was posted on Wednesday, December 2nd, 2020 at 07:44 @363 and is filed under DailyDOOH Update. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.