Tim’s appointment follows the announcement in September 2013 that David Levin intended to step down as UBM’s CEO.
Tim joins UBM from De La Rue plc, where he has been Chief Executive since 2011. Before joining De La Rue, Tim was Chief Executive of Chloride Group plc, the international provider of secure power solutions. Prior to this he was at Smiths Group plc where he held a wide variety of senior roles, including a number of Managing Director positions. Tim is also a Non-Executive Director of Drax plc.
As previously announced, on David Levin’s departure Dame Helen Alexander, Chairman of UBM plc, will become Executive Chairman until Tim takes up his position, whereupon Dame Helen will revert to her non-executive role. David leaves UBM with effect from 1 March 2014.
Dame Helen Alexander, Chairman of UBM plc, said: “I am very pleased to welcome Tim to UBM as CEO. He was an outstanding candidate from a very strong field. Tim has successfully led highly international, operationally complex businesses; the Board is confident that his track record ideally qualifies him to continue the development of UBM as a focused, international events-led marketing communications business. I look forward to working with him to develop UBM’s business into the future. ”
Tim Cobbold said: “I’m delighted to be joining UBM: it’s an exciting, dynamic international business. As a market leader in both the global events and the news and digital content marketing industries it has significant growth potential. I look forward to developing the business further with the Board and the rest of the team at UBM.”
