Steve Mattey appointed as Chief Executive
May 20 2008 - 2:05AM
UK Regulatory
RNS Number : 8019U
Cagney PLC
20 May 2008
Cagney Plc ("Cagney" or the "Company")
Steve Mattey appointed as Chief Executive
20 May 2008
The board of Cagney Plc, the marketing services group, is pleased to announce the appointment of Steve Mattey as Chief Executive of the
Company with immediate effect.
Steve was a co-founder of Tree, the market research and data analysis business acquired by Cagney in January 2007, with Matthew
Bayfield. Before founding Tree, Steve worked on both the client and agency side of the industry. On the client side he was at HSBC Bank for
eight years, specialising in using data to deliver more efficient marketing campaigns to the bank's customers. He has also worked for
several large agencies including heading the data planning unit at WPP network Wunderman Cato Johnson.
Steve Mattey said "After more than 20 years in the marketing industry, and with half that time running my own business, I look forward
to this next challenge. In line with Cagney's established strategy, we plan to develop a group of businesses which are innovative in the
communications services they offer and which challenge the mainstream communication industry by attracting high profile business. In the
coming years the marketing industry will increasingly need to embrace the demands of consumers who have become more eclectic and discerning
in the way they gather information about the products and services they buy. Cagney and its group companies recognise this and are very
well placed to react to it as a group and as stand alone businesses. I believe we will reap the rewards for responding effectively to these
changes."
Alex Hambro, the Company's Chairman said "We are delighted to welcome Steve to the Cagney board. With his wide range of experience in
marketing services; in running his own successful business; and in successfully integrating Tree into the Cagney group, he was the obvious
choice as Chief Executive. His appointment has the full support of both the Cagney board and the Group's senior management team."
Stephen Richard Mattey holds 16,701,055 ordinary shares of 1p in the Company representing 7.65 per cent. of the issued share capital. He
has two current directorships: Tree (London) Limited and A Good Listener Limited and is also a designated member of Forest London LLP
(formerly known as Tree London LLP).
There are no other matters to be disclosed in relation to Schedule 2 paragraph (g) of the AIM Rules.
ENDS
Enquiries:
Cagney Plc Tel: 020 7637 4198
Alex Hambro, Chairman
Steve Mattey, Chief Executive
Smith & Williamson Corporate Finance Limited Tel: 0117 376 2213
Nick Reeve
Cubitt Consulting Tel: 020 7367 5100
Michael Henman/Allison Reid
About Cagney Plc:
Cagney Plc is an integrated group of marketing services firms. It combines five businesses: Exedra (retaining BrandAid as a division),
Chick Smith Trott (advertising and design), Cubo (promotional marketing), The Media Foundry (public relations) and Tree (market research and
data analysis). The Group floated on AIM in February 2006.
www.cagneyplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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