S4 Capital PLC Update regarding Executive Chair (3455W)
April 17 2023 - 2:00AM
UK Regulatory
TIDMSFOR
RNS Number : 3455W
S4 Capital PLC
17 April 2023
17 April 2023
S4 Capital plc
("S(4) Capital" or "the Company")
Update regarding Executive Chair
The Company provides below an internal note that Sir Martin
Sorrell will share today:
"To all S4. Monks :
I wanted to update you following the successful keyhole surgery
I had in February, which was to remove a tumour. I have made an
excellent recovery, and, as you would expect, I have sought the
best possible medical advice. My conclusion is that I should have
preventative treatment over the coming months. My doctors have
advised me that during this treatment, I should be able to work as
normal most of the time, fully engaging with the Company and our
excellent Executive team, although I have also decided to reduce my
travel schedule for a few weeks. Otherwise, business as usual.
Thank you as ever for your continued support and let me know how to
help you in any way I can.
Sir Martin Sorrell "
Enquiries to:
S(4) Capital plc
Sir Martin Sorrell (Executive
Chairman) +44 (0)20 3793 0003
Powerscourt (PR Advisor)
Elly Williamson/ Jane Glover +44 (0)7970 246 725
About S (4) Capital
S(4) Capital plc (SFOR.L) is the tech-led, new age/new era
digital advertising, marketing and technology services company,
established by Sir Martin Sorrell in May 2018.
Our strategy is to build a purely digital advertising and
marketing services business for global, multinational, regional,
and local clients, and millennial-driven influencer brands. This
will be achieved by integrating leading businesses in three
practices: Content, Data&Digital Media and Technology Services,
along with an emphasis on 'faster, better, cheaper, more' execution
in an always-on consumer-led environment, with a unitary
structure.
Victor Knaap, Wesley ter Haar, Christopher S. Martin, Scott
Spirit and Mary Basterfield all joined the S(4) Capital Board as
Executive Directors. The S(4) Capital Board also includes Rupert
Faure Walker, Paul Roy, Daniel Pinto, Sue Prevezer, Elizabeth
Buchanan, Naoko Okumoto, Margaret Ma Connolly, Miles Young and
Colin Day.
The Company now has approximately 8,900 people in 32 countries
with approximately 70% of revenue across the Americas, 20% across
Europe, the Middle East and Africa and 10% across Asia-Pacific. The
longer-term objective is a geographic split of 60%:20%:20%. Content
currently accounts for approximately 60% of revenue,
Data&Digital Media 30% and Technology Services 10%. The
long-term objective for the practices is a split of
50%:25%:25%.
Sir Martin was CEO of WPP for 33 years, building it from a GBP1
million 'shell' company in 1985 into the world's largest
advertising and marketing services company, with a market
capitalisation of over GBP16 billion on the day he left. Prior to
that Sir Martin was Group Financial Director of Saatchi &
Saatchi Company Plc for nine years.
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END
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