Role: 1069 THIS ROLE IS NOW CLOSED
A Non-Executive Chair is required for ZOO Digital Group plc, a fast-growing and ambitious AIM-listed tech disruptor with a current market cap of c£100m. ZOO offers a range of software-based services to showcase, localise and distribute movies, TV shows and other digital content. The company is based in UK (London & Sheffield) and the US (California).
ZOO’s services help Hollywood studios, global broadcasters, online retailers and independent distributors reach audiences in nearly every country of the world. ZOO’s vision, based on its innovative technology and thinking, is to be the “go-to” service partner for TV and movie businesses to deliver content to consumers in any language and on any platform, a market with an estimated current value of $3bn and growing at over 10% pa.
ZOO is seeking candidates who are prepared to work closely with the CEO and have a focus on the medium to long term growth of the business, collegiate in approach and able to bring together the views of the ZOO Board members to ensure high quality decision-making to support the development of strategic plans that will underpin significant international business growth.
The Non-Executive Chair will be appointed for an initial three year term and will be expected to work 2-3 days per month (formal & informal time) for Board & sub committee meetings and strategy away days. Meetings are held in London and Sheffield and include one meeting per year held in the US; remuneration will be £45k per annum (to be reviewed in year 2).
In addition to the Chair role, ZOO is also seeking to add a Non-Executive Director who can contribute effectively to the Board; candidates should be able to demonstrate involvement with one or more disruptive, rapid growth companies.
Business Concept
- Through a combination of proprietary cloud-based software technology, highly-skilled client service teams, a wide network of in-territory translators, and a growing network of local partners, ZOO delivers outstanding service results to clients such as Disney, Fox, Sony, Paramount, Universal, Apple and the BBC.
- The growth in the demand for entertainment products around the world, the expansion of distribution channels, and disruptive innovation by vendors such as Amazon, Apple and Google are creating unprecedented demand for ZOO’s localisation services such as subtitling and dubbing.
- The company raised additional capital and strengthened its balance sheet in May 2017 to help capitalise on this demand for its services. With the global market in media localisation estimated at over $3bn US, ZOO expects to continue to deliver strong organic growth for the foreseeable future.
- ZOO employs over 200 people: sales and service teams are based in the entertainment centres of Los Angeles and London, the software development team is based in Sheffield and production services staff are divided between security-assured facilities in Los Angeles and Sheffield.
Non-Exec Chairman Requirements/Criteria
- Previously a Board Level Director of a quoted company or PE backed business valued c£200m with knowledge of expanding business internationally.
- Experience of one or more of the following: high growth international businesses, technology-enabled disruptor, the film/TV entertainment media ecosystem.
- Experience of Chairing meetings, Sub-Committees or events either in an Executive or Non-Executive capacity.
- Good grasp of Corporate Governance regulations and guidelines.
- Experience of shareholder relations.
- Strong strategic and commercial skills, able to stimulate Board thinking.
- An entrepreneurial and independent mindset, both challenging and collegiate.
Time commitment is 2-3 days per month with £45k pa remuneration.
Role closing Friday 18th January 2019
