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24 February 2010
James Grant Group appoints Michael Grade as Non-Executive Chairman
James Grant Group Limited (“JGG”), Gresham Private Equity’s most recently backed investment, today announced the appointment of Michael Grade as Non-Executive Chairman of the Group. Michael will join the board of JGG with immediate effect.
JGG is the leading provider of management and professional services to clients within the broadcast media, music and sports industries.
Neil Rodford, Chief Executive of JGG said: “I am delighted Michael has chosen to join us as Non-Executive Chairman. This is a key appointment for the Group. The executive of the Group agreed with our partners Gresham Private Equity that we needed to attract a leading individual within our markets to match our ambitions. Michael is a proven leader with unrivalled experience at the top of the entertainment industry. He has worked very successfully in creative and talent-driven businesses for over 30 years and will add the additional depth and business experience required as we seek to expand both the management and professional services elements of our business.”
Michael Grade said: “I am very excited to be joining JGG. This is a company with a fine reputation and, unusually, a diversified group of successful businesses. My job is to help the company to realise its ambitions for growth.”
Concluding, Peter Powell, JGG’s Vice Chairman and Co-Founder of the Group’s media management business said; “Michael understands talent and has held some of the media’s highest profile positions, his pragmatism, people management skills, reputation and business network will prove invaluable to our Group. I am very enthusiastic about his appointment and I speak for the whole board in welcoming him to our Group.”
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