{"id":123284,"date":"2024-03-07T12:07:37","date_gmt":"2024-03-07T12:07:37","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2024\/03\/07\/channel-4-hires-chief-financial-officer-lucy-thomas-amidst-layoffs\/"},"modified":"2024-03-07T12:07:37","modified_gmt":"2024-03-07T12:07:37","slug":"channel-4-hires-chief-financial-officer-lucy-thomas-amidst-layoffs","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2024\/03\/07\/channel-4-hires-chief-financial-officer-lucy-thomas-amidst-layoffs\/","title":{"rendered":"Channel 4 Hires Chief Financial Officer Lucy Thomas Amidst Layoffs"},"content":{"rendered":"

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\n\tChannel 4<\/a> has employed a Chief Financial Officer amidst its 250-staff layoff program<\/a>. <\/p>\n

\n\tThe community has introduced in Lucy Thomas<\/a> within the expanded CFO<\/a> function. Deadline revealed<\/a> that Finance Director Vince Russell<\/a> was leaving on the finish of final yr after 5 years.<\/p>\n

\n\tReporting to CEO Alex Mahon, Thomas will lead finance throughout the general public broadcaster. She will act as a enterprise companion to Mahon and the chief crew, figuring out business and strategic alternatives and supporting the digital transformation of the enterprise.<\/p>\n

\n\tShe was most just lately Chief Financial & Operating Officer at Bauer Audio, the place she led a business finance crew spanning 9 markets throughout Europe. Prior to this, she spent greater than 20 years at Sky, progressing by means of a variety of Commercial Finance Director and Commercial MD roles earlier than changing into Group Chief Data Officer.<\/p>\n

\n\t\u201cLucy has extensive experience of media industry transformation and joins us at a crucial time, as we implement our ambitious strategy to protect our long-term sustainability and become the world\u2019s first public service streamer,\u201d mentioned Mahon. \u201cLucy is an innovative, data-driven and strategically focused leader, and I have no doubt she will have tremendous impact at Channel 4.\u201d<\/p>\n

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\t\t\t\t\tLucy Thomas<\/span><\/p>\n<\/figcaption><\/figure>\n<\/div>\n

\n\tThomas will take up her function on April 22, a number of weeks after Channel 4 started implementing its layoffs program. That program is seeing workers numbers decreased by round 16% together with a number of TV commissioners in response to a difficult market.<\/p>\n

\n\tThe community is pairing the layoffs with a Fast Forward blueprint that may quickly see the sale of its 30-year-old Horseferry Road premises alongside three pillars: digital development and transformation, diversifying new enterprise and \u201creengineering the business for a digital-first world.\u201d<\/p>\n

\n\tChannel 4 is making the cuts \u2013 the deepest because the 2008 world monetary meltdown \u2013 in response to a floundering advert market that exhibits little signal of enhancing.<\/p>\n<\/p><\/div>\n

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[ad_1] Channel 4 has employed a Chief Financial Officer amidst its 250-staff layoff program. The community has introduced in Lucy Thomas within the expanded CFO function. Deadline revealed that Finance Director Vince Russell was leaving on the finish of final yr after 5 years. Reporting to CEO Alex Mahon, Thomas will lead finance throughout the […]<\/p>\n","protected":false},"author":1,"featured_media":123286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":{"0":"post-123284","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-celebrity-gossip"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/123284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=123284"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/123284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/123286"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=123284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=123284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=123284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}