Jon Steinberg to step down

Future plc, a global platform for specialist media, has announced that Jon Steinberg, chief executive officer, has informed the board of his decision to step down from the board later next year to relocate back to the US with his family. Future says Jon’s notice period is twelve months and the board will now launch a search for his successor.

Richard Huntingford, chair, said: “I would like to thank Jon for the significant contribution he has made to the Group. Whilst we are disappointed that he will be departing next year, we respect Jon’s decision to return to the US. The Growth Acceleration Strategy he has implemented is well underway and, as highlighted by the pre-close update announced in September, continues to drive good strategic and financial progress. We will continue to work closely with Jon over the course of his notice period as we look to appoint his successor.”

Jon Steinberg, chief executive officer, said: “Future is a wonderful business driven forward by incredibly talented people who I love working with and it was a tough personal decision to step down from the board next year. It is a great privilege to lead the Group and until I hand over to my successor, I remain focused on the delivery of our strategy which leverages Future’s inherent strengths, strong financial characteristics and unique proposition.”

Future says it will release its full-year results on 5 December 2024.