LONDON (ShareCast) - (Sharecast News) - UK film and TV production facilities group Facilities by ADF has appointed movie-industry veteran Nicola Pearcey as its new chief executive who will start in mid-January.
Pearcey, the founder and CEO of media incubator, consultancy and content distribution outfit Picnik Entertainment, was the former president of UK and Europe at Lionsgate, having held various roles at the film studio between 2006 and 2020.

She is also currently a voting member of both BAFTA and the Academy of Motion Picture Arts and Sciences (Oscars), and formerly worked for the Walt Disney Company and MGM Pictures.

"Facilities by ADF has an enviable position in its markets and I am delighted to be joining the group. I'm looking forward to partnering with the team to unlock ADF's full potential and drive significant value creation for our shareholders," Pearcey said in a statement.

The company has been without a CEO since July when former boss Marsden Proctor abruptly resigned. It is also without a permanent chief financial office with the process continuing to find a successor to Neil Evans, who stepped down in September.

"I am delighted to welcome Nicola to the group," said executive chair Russell Down. "Having conducted an extensive and thorough search, the goard is confident that Nicola's depth of industry knowledge, proven leadership skills and first-hand experience of building businesses are ideal qualities for the next stage of ADF's growth."

ADF was trading 2.2% higher at 15.84p in early deals on Friday.

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