Friday August 3,2012 : NEW MEDIA CORP DIRECTORS
Parent of failed Purple Lounge online poker room appoints two new directors
The departure of former finance director Nilesh Jagatia earlier this week appears to have triggered board changes and appointments at Media Corp plc.
On Friday company chairman, Phil Jackson, announced the appointment of Mark Butt (34), managing director of subsidiary Eyeconomy, to the board of Media Corporation plc as an executive director, at the same time welcoming finance manager Clive Eplett, who replaces Jagatia.
Butt, has been with the company as managing director of Eyeconomy since 2007, and his appointment to the main board gives the digital advertising business the board level recognition it deserves, Jackson said.
Eplett trained and qualified as a chartered accountant in 1984 with Deloitte Haskins & Sells and subsequently spent two years with Coopers & Lybrand before joining SFI Group plc in 1991 where he became finance director and subsequently joint managing director. He left SFI in September 2001 since when he has focussed on acting as either part-time or interim financial director, usually to growing businesses but often working with those facing difficulties.
The erstwhile financial director at Media Corp plc, Nilesh Jagatia, has joined former Media Corp chairman Justin Drummond in his latest venture – London-based Ascend Capital plc – as a director.