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Tuesday 7th August 2012
Internet media and advertising group Media Corporation has announced that Nilesh Jagatia has resigned from his finance role after five years of service to be replaced by Clive Eplett.
London-based Media Corporation is the firm behind the Eyeconomy.co.uk Internet advertising service and the recently closed Purple-Lounge.com online casino and poker domain and additionally revealed that Mark Butt has been named to its board as an executive director.
“I would like to thank Nilesh for five years of service to Media Corporation and wish him well as he pursues new opportunities,” said Phil Jackson, Chairman for Media Corporation.
“I would like to extend a warm welcome to the board to Mark Butt, who has been with the company as Managing Director for Eyeconomy since 2007. Mark's appointment to the main board gives the digital advertising business the board level recognition it deserves and Mark the opportunity to continue to build upon the solid foundations he has created in what is an exciting period for Eyeconomy.
“I would also like to welcome to the company Clive Eplett, who steps into a newly created role of Head of Finance. Clive's objectives are to oversee the outsourcing of certain aspects of our finance functionalities and support the board in delivering its financial strategy of stability and growth.”
Media Corporation stated that Butt has over a decade of experience within the digital media and technology sectors after starting his career as a planner and buyer. He has worked with leading brands including UNICEF and Readers Digest while one of his first enterprises became integrated into Lastminute.com, taking on global advertising sales across 13 countries.
“Mark has transformed Eyeconomy from a sub-site business to a market leader across multiple disciplines within the online sector,” read a statement from Media Corporation.
“In addition to securing a number of key contracts like Express Newspapers, Northern and Shell Media Group, he launched Eyeconomy's IASH Network offering and serves on the steering committee for the Digital Trading Standards Group (DTSG).”
For his part, Eplett trained and qualified as a chartered accountant in 1984 with Deloitte Haskins and Sells and subsequently spent two years with Coopers and Lybrand before joining SFI Group in 1991 where he became Finance Director and subsequently Joint Managing Director overseeing several acquisitions, admission to the Alternative Investment Market and later to the Official List. He left SFI Group in September of 2001 and has since focussed on acting as either part-time or interim Financial Director for growing businesses including those working with those facing difficulties such as Fish! in a range of sectors from software to music research and product development to public sector conferences.
Source: OnlineCasinoNews
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