LONDON (ShareCast) - (Sharecast News) - Digital media content provider One Media iP Group announced proposed changes to its board on Friday, saying that subject to normal regulatory due diligence, both Alice Dyson-Jones and Steve Gunning would join the board as executive director and finance director respectively.
The AIM-traded firm said Dyson-Jones, with more than 20 years of music industry experience, had for the last four years held the role of managing director of its trading subsidiary, One Media IP Ltd.

It said that in September 2017, she was elected as a director of the British Phonographic Industry, which is the music industry's trade body that "optimises the trading environment" for the UK's music industry globally.

Gunning had been a part of One Media's senior management team since 2016, and was currently its company secretary and the finance director of One Media IP Ltd.

He is an accountant with more than two decades of experience in the finance industry, having managed finance functions for a "wide range" of companies, the board said.

It reported that Gunning is CIMA trained in management accounting, and is a member of the Association of Accounting Technicians.

Ivan Dunleavy, who the directors described as "instrumental" over the period of the company's buy-and-build strategy, had indicated that he wished to step down as executive chairman to focus on his other business interests, effective when a "suitably-experienced replacement" was identified.

The board said that as a result, it had initiated a search for a new independent non-executive chairman, and would make a further announcement in due course.

"The company's buy and build strategy is successfully growing the company and I'd like to take this opportunity to thank Ivan for his hard work and support during an important period," said One Media chief executive officer Michael Infante.

"The board wishes Ivan all the best in his many other business interests and looks forward to welcoming Alice and Steve to the Board in due course."

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