Posted: 01st Dec, 2008 By: MarkJ
Norman Lamont has been appointed to Phorm's Board as a Non-Executive Director. Lamont is perhaps best remembered for being Chancellor of the Exchequer from 1990 to 1993 and as a member of the House of Commons for 25 years.
Lamont has also been joined by Chairman of the Broadband Stakeholders Group (BSG), Kip Meek, in the same capacity. Stefan Allesch-Taylor, Chief Executive of Fairfax, and Stephen Partridge-Hicks, co-founder and Managing Director of Gordian Knot, have also joined in a similar capacity:
Kent Ertugrul, CEO of Phorm, commented: 'I would like to thank Steve, Dave, Chris and Virasb for the important contributions they have made to Phorm's development. Their skills, experience and contacts have been immensely valuable and have been instrumental in the great strides we have made in developing the Company's strategy and building relationships with ISPs, advertisers and publishers.
Meanwhile, I welcome Lord Lamont, Kip, Stefan and Stephen to the Board. They bring extensive experience on government, business, regulatory matters and financial markets. As we move into the next phase of our development, the priority will be to build momentum in the rollout of our strategy. The new Board members that we are announcing today will play an important role in helping us to achieve the Company's goals.'
Investigate reports that the new appointments will replace Steven Heyer, David Dorman, Christopher Lawrence and Virasb Vahidi, whom all stepped down due to "
differences" with Phorm's boss over the management and future direction of the Company.