Blinkx Plc Non Executive Board Changes (5766S)
September 25 2014 - 2:04AM
UK Regulatory
TIDMBLNX
RNS Number : 5766S
Blinkx Plc
25 September 2014
NON-EXECUTIVE BOARD CHANGES
London, England and San Francisco, CA. (September 25, 2014) -
blinkx plc ("blinkx" or the "Company"), today announces two changes
to its Board of Directors.
blinkx is pleased to announce the appointment of Mr. Raj(1)
Chellaraj as an Independent Non-executive Director, effective
October 1, 2014. Raj brings over thirty years of finance, strategy
and governance expertise in both the private and public sectors to
blinkx. Raj will join the Company's Audit Committee.
Based in Palo Alto, California, Raj currently serves as
Associate Dean for Finance and Administration at Stanford Business
School. In this role he acts as the CFO, responsible for finance,
accounting, human resources, procurement, information services,
facilities and operations. Prior to joining Stanford University,
Raj held several senior government positions in the George W. Bush
administration. Most recently he was the Assistant Secretary of
State for Administration in the United States Department of State,
to which he was nominated by President Bush and confirmed
unanimously by the United States Senate. Previously, he was a
Senior Executive Officer at the United States Mint in Washington
DC. He also served as Counselor to the Assistant Administrator at
the United States Agency for International Development and Program
Advisor at the United States Environmental Protection Agency.
In addition to his public sector expertise, Mr. Chellaraj has
several years of senior corporate leadership experience, most
recently as Vice President, Planning, at Hostess Brands
Corporation, part of Ripplewood Holdings, where he was a member of
the CEO's Senior Leadership Team. Earlier, he served as Director of
Corporate Development at Celanese Corporation, a Blackstone Group
Company, and held various management, finance, operations and
planning roles at Exxon Corporation, Strategic Analysis Inc. and
FMC Corporation.
Raj holds an MPA in Business and Government Policy from Harvard
University, an MBA in Finance from New York University, an MS in
Chemical Engineering from Clarkson University and a BS in Chemical
Engineering from Madras University, India.
Dr. Michael R. Lynch has informed the Company that he will be
stepping down from the Board of Directors as of December 31, 2014.
blinkx is pleased report that that he has agreed to join its
Advisory Board.
"Raj is a rare and exceptional talent in the business world, who
brings significant finance, governance and leadership experience
from both the private and public sectors," said Anthony
Bettencourt, Non-executive Chairman of blinkx. "As our business
continues to grow in scope and scale, through organic initiatives
and strategic acquisitions, the varied experiences, vast knowledge
and independence that Raj brings to the Board will be invaluable to
our strategy going forward. We are delighted to welcome Raj to the
Board." He added, "Mike has been on the blinkx Board since its
inception, and was instrumental to the Company's genesis and
evolution. All of us at blinkx owe Mike a debt of gratitude for his
untiring support of the Company over the years. We are fortunate to
continue to have access to him and his counsel in his role as a
member of the Advisory Board."
blinkx confirms there is no other information required to be
disclosed pursuant to Schedule 2 paragraph (g) of the AIM
Rules.
___________
(1) Rajkumar Chellaraj, Age 59
About blinkx
blinkx (LSE AIM: BLNX) is an Internet media company that
connects consumers and brands through premium content online.
Founded in 2004 in the UK, blinkx pioneered Internet Video Search
using its patented COncept Recognition Engine (CORE). This
technology leverages speech recognition, text and image analysis to
deeply understand the meaning and context of video content to
generate improved search relevancy for consumers and a brand safe
environment for advertisers. Through its partnerships with hundreds
of media companies, including NBC, Conde Nast, Reuters and
Bloomberg, blinkx has indexed and search enabled millions of hours
of video content. blinkx powers video search, discovery or
monetization on thousands of online properties including Lycos,
Discovery Networks, Hallmark and Fox Sports. blinkx is
headquartered in San Francisco, California with 15 offices
worldwide. For more information please visit www.blinkx.com.
Press Contacts for blinkx
Edward Bridges
Charles Palmer
FTI Consulting LLP
+44 207 831 3113
Charles Lytle
Christopher Wren
Citigroup Global Markets Ltd
NOMAD and Joint Broker for blinkx plc
+44 207 986 4000
Lorna Tilbian
Mark Lander
Nick Westlake
Numis Securities Limited
Joint Broker for blinkx plc
+44 207 260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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