Executive Channel Australia restructures amid buyout of European operation
Office-block advertising company Executive Channel International has restructured its Australian and international operations and announced a buy-out of its ECNlive’s UK and European operations.
Bruce Fink, executive chairman of Executive Channel International Pty Ltd (ECI) which operates the Media Eye operation among others, confirmed today that the company now wholly-owned ECI network after buying out a number of smaller minority shareholders in its overseas operations and was restructuring ahead of further expansion.
“Following completion of the purchase, the new global company is primed for an aggressive expansion of the ECNlive and Executive Channel networks,” said Fink, in a statement.
Under the changes, CEO of the Australian operation Charles Parry-Okeden is appointed global CEO. Sales director of ECNlive London Stephen Gale is promoted to managing director, while Australian sales director Justin Kingston is promoted to chief operating officer and is responsible for all non-sales related functions in the Australian operation.
Charles Parry-Okeden said in a statement: “This is an exciting time for Executive Channel. It’s always been our intention that the UK, European and Australian networks operate as part of a global business.”
Paul McBeth, who had been consulting with the company who is one of the largest providers of out of home advertising in commercial offices in Australia, has been promoted to strategic sales and marketing director, where he will be responsible for driving national revenue.
Tim Elder will head sales in New South Wales as well as Queensland sales director and Guy Taffs appointed sales director of boutique markets.
“ECI is now one of the biggest global players in office media. Our new cohesive global business focus, supported by our newly appointed talented teams here and in Europe, makes us a formidable force as we focus on our five year plan and growth,” said Parry-Okeden.
The company declined to specify who the smaller minority shareholders in the overseas operation were.
Nic Christensen
