19
February 2024
YouGov plc
("YouGov"
or "the Group" or "the Company")
Directorate
Change
YouGov, the international online
research and data analytics group, announces that the Company and
Sundip Chahal, Chief Business Officer, have mutually agreed that he
will step down for personal reasons. He will step down from his
role as Chief Business Officer and as an Executive Director with
immediate effect.
Sundip contributed significantly to
YouGov's strategy and the execution of the Company's first two
long-term financial plans throughout his nine-year tenure as Chief
Operating Officer in a period of considerable growth and change for
the Company.
Most recently, in his role as Chief
Business Officer, Sundip oversaw the planning for the integration
of GfK's Consumer Panel Services, following YouGov's transformative
acquisition of the business as announced on 6 July 2023. As
confirmed in our Half-Year Trading Update, the initial stages of
the integration execution phase are progressing well, following
completion of the acquisition on 9 January 2024. Our combined teams
are collaborating on commercial opportunities to capitalise on the
benefits of the enhanced value proposition.
Lynda Vivian, Chief Operating
Officer, will succeed Sundip in managing the integration of GfK's
Consumer Panel Services. Alongside the integration, Lynda will
continue to focus on the delivery of YouGov's Platform model, in
line with the Company's strategic growth plan, and ensuring
operational excellence across the business.
The Nomination Committee is taking
the opportunity to review Board composition. In light of the
previously announced stepping down of Rosemary Leith in April 2024
after nine years' service, a search is currently under way for a
new Non-Executive Director.
Stephan Shakespeare, Non-Executive Chair,
commented: "On behalf of the Board, I
would like to thank Sundip for his extensive contributions to
YouGov since joining the Company in 2005, both in his roles within
the Company, and as an Executive Director on the Board. Sundip
played a central role in leading and managing the team and has
overseen the growth at YouGov over the years both in his previous
role as Chief Operating Officer and more recently as Chief Business
Officer. In recent months, he has played an important part in
progressing the acquisition of GfK's Consumer Panel Services, and I
am pleased to share that the integration is advancing well
following completion of the acquisition in
January."
This Announcement is issued on behalf
of the Company by Tilly Heald, Company Secretary.
Enquiries:
YouGov plc
Tilly Heald, Company
Secretary
Hannah Jethwani, Investor Relations
Director
|
020 7012
6000
|
FTI
Consulting
Charles Palmer / Valerija Cymbal /
Jemima Gurney
|
020 3727
1000
|
Deutsche Numis (NOMAD and Joint Broker)
Nick Westlake / Iqra Amin
|
020 7260
1000
|
Berenberg (Joint Broker)
Mark Whitmore / Richard Andrews
/ Alix Mecklenburg-Solodkoff
|
020 3207
7800
|
About YouGov
YouGov is an international online
research data and analytics technology group.
Our mission is to offer unparalleled
insight into what the world thinks.
Our innovative solutions help the
world's most recognised brands, media owners and agencies to plan,
activate and track their marketing activities better.
With operations in the UK,
the Americas, Europe, the Middle
East, India and Asia Pacific, we have one of the
world's largest research networks.
At the core of our platform is an
ever-growing source of consumer data that has been amassed over our
twenty years of operation. We call it Living Data. All of our
products and services draw upon this detailed understanding of our
26 million registered panel members to deliver accurate, actionable
consumer insights.
As innovators and pioneers of online
market research, we have a strong reputation as a trusted source of
accurate data and insights. Testament to this, YouGov data is
regularly referenced by the global press, and we are the most
quoted market research source in the world.
YouGov. Living Consumer Intelligence.
For further information, visit
business.yougov.com