Immediate Media CEO shake-up as Tom Bureau becomes chairman
By alexandreTech
Immediate Media CEO shake-up as Tom Bureau becomes chairman
Immediate Media, a UK-based multi-platform media company, has announced a CEO shake-up as Tom Bureau steps down from his position and takes on a new role as Chairman. This move comes as Immediate Media prepares to launch a new phase of growth and expansion for the company.
In this article, we will take a closer look at the recent announcement and what it means for Immediate Media.
The New Chairman of Immediate Media
Tom Bureau, who has been in the helm of Immediate Media as its CEO for the past 9 years, will now take on the role of Chairman. In this new position, he will guide the company’s strategic direction and continue to work closely with the board and senior management team. Under his leadership, Immediate Media has grown into one of the UK’s leading media companies.
Commenting on his new role, Bureau said: “It is an exciting time for Immediate Media, and I am thrilled to be taking on the role of Chairman. We have a fantastic team in place, and I look forward to working with them to take the company to new heights.”
This move is part of a broader shake-up of the company’s leadership structure, which includes the appointment of a new CEO.
The New CEO of Immediate Media
The new CEO of Immediate Media is Richard Babington, who joins the company from Informa, where he served as Managing Director of Informa Markets. Prior to that, he held several senior roles at UBM, including CEO of UBM Americas and Group CFO.
Babington brings with him extensive experience in media, events, and digital businesses, and he is expected to lead the company through its next phase of growth and expansion.
Commenting on his appointment, Babington said: “Immediate Media is a fantastic company with a great portfolio of brands, talented people, and exciting growth opportunities. I am delighted to be joining the team and look forward to working with Tom, the board, and the wider business to build on its success.”
The Future of Immediate Media
Immediate Media has undergone significant growth over the past decade, expanding into new markets and launching new products and services. The company’s portfolio includes some of the UK’s most well-known media brands, such as Radio Times, BBC Good Food, and Top Gear.
As Immediate Media enters its next phase of growth, the company is expected to focus on further developing its digital capabilities and expanding its offerings in areas such as e-commerce and events.
Bureau said: “We have been on an incredible journey over the past 9 years, and I am incredibly proud of what we have achieved. With Richard at the helm, I am confident that Immediate Media will continue to grow and innovate, building on our incredible heritage and strong position in the market.”
The appointment of Tom Bureau as Chairman and Richard Babington as CEO marks the beginning of a new chapter for Immediate Media. With a focus on digital innovation and expanding into new markets, the company is well-positioned to continue its growth trajectory and maintain its position as one of the UK’s leading media companies.
We look forward to seeing what the future holds for Immediate Media as it embarks on this exciting new phase of its journey.