Tom Goddard Steps Down From @OceanOutdoorUK

Adrian J Cotterill, Editor-in-Chief

Ocean Outdoor Limited (LSE: OOUT) announced today that its Co-Chairman Tom Goddard will be stepping down from the board at the end of this year.

Tom Goddard

A seasoned industry veteran, Tom Goddard has been Chairman of Ocean since July 2009. Under Tom’s chairmanship, Ocean has transformed into a leading pure-play digital operator across the United Kingdom, the Netherlands, the Nordics and Germany, and is well-positioned to increase scale with meaningful organic and inorganic growth opportunities ahead.

Tom told us this morning “I always trust my instincts and after a wonderfully enjoyable decade in the Chair of this unique and special company, I felt now is the right time for me to pass the baton on to Aryeh, who is an outstanding and talented businessman and friend, under whom I have no doubt Ocean will continue to grow and prosper enormously”.

Aryeh B. Bourkoff, Co-Chairman of the Board of the Company, will become the Company’s sole Chairman, also effective 31 December 2020. He said “On behalf of the Board, I want to thank Tom for his many contributions to and leadership of Ocean. Tom has been instrumental in building Ocean and its unique vision to be a pure-play digital company in out-of-home advertising. As Chairman of Ocean and one of its largest shareholders, I am confident that our unique set of digital and premium assets and strong balance sheet, position us well for the future. I commend our management team for the quick and decisive actions they have taken over the past few months to navigate these challenging times.”


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