Audioboom CEO resigns

London, UK—Audioboom (AIM: BOOM), the leading global podcast company, announces that the Company’s Chief Executive Officer, Rob Proctor, has stepped down from this role and as a director of the Company with immediate effect.

Stuart Last, Chief Operating Officer of Audioboom, has been appointed interim Chief Executive Officer of the Company with immediate effect and the Board has commenced the search for a permanent replacement.

Audioboom continues to perform well and the Company will be providing a third quarter trading update to the market on 7 October 2019.

Michael Tobin, Chairman of Audioboom, commented:

“Rob has taken Audioboom from a pre-revenue start-up to one of the world’s top audio platforms. I wholeheartedly wish him the best for the future. He leaves behind a company in the best shape it has ever been and at the forefront of the burgeoning podcast industry. I look forward to announcing a new CEO in due course who will continue to drive Audioboom’s strong growth and performance.”

Rob Proctor commented:

“Since I started with Audioboom it has become one of the most important global podcast platforms, hosting and monetising some of the world’s best audio. The business is now entering a more mature phase and I believe that the time is now right for me to pursue more entrepreneurial opportunities. I wish the customers, clients, shareholders and especially the fantastic team at Audioboom, the very best for the future.”