Mood Media Corporation (ISIN: CA61534J1057) (TSX: MM) (LSE AIM: MM) announced today that its Board has appointed Steven Richards President and Chief Executive Officer, effective immediately. Mood Media said its Chairman and CEO Lorne Abony is stepping down from both positions to pursue other opportunities.
Philippe von Stauffenberg, non-executive Vice Chairman of the Board since July 2010, has been elected Chairman, also effective immediately.
Steve Richards has 29 years of experience in the Consumer/Business Services, Media, Technology, Communications and Business Process Outsourcing industries. Most recently he served as President of Mood Media and CEO of Muzak.