Βι¶ΉΤΌΕΔ

Βι¶ΉΤΌΕΔ Worldwide today announced that it has appointed Philip Vincent as its Chief Financial Officer.

Philip was appointed Acting CFO in June 2010. Previously Philip has served in a number of senior roles at Βι¶ΉΤΌΕΔ Worldwide including Deputy CFO, Group FD Broadcast & Digital, CFO Global Channels and Head of Corporate Finance.

Philip joined the Βι¶ΉΤΌΕΔ in 1998 as Financial Planning Manager for Βι¶ΉΤΌΕΔ Worldwide and News and was previously Financial Controller at Bunzl Disposables Limited. Philip qualified at KPMG working both in London and New York.

Philip will lead the financial team at Βι¶ΉΤΌΕΔ Worldwide and will be responsible for leading and developing all aspects of Βι¶ΉΤΌΕΔ Worldwide's financial strategy. In 2009/10, Βι¶ΉΤΌΕΔ Worldwide delivered a profit of Β£145m, up 36.5% from the previous year and returned a total of Β£171m to the Βι¶ΉΤΌΕΔ through acquisitions and rights. Philip will be tasked with developing the business’ financial strategy against the company’s four strategic priorities of focusing growth outside of the UK, growing digital revenues, making more of our own content and developing more direct connections with consumers.

John Smith, Chief Executive Officer, Βι¶ΉΤΌΕΔ Worldwide said: "On behalf of the board, we’re delighted to appoint Philip as CFO. Philip has been a great asset for the company and has delivered consistently solid financial and strategic judgement. He has been an excellent Acting CFO, and it is right that we now confirm him in this position permanently."

Philip Vincent, Chief Financial Officer, Βι¶ΉΤΌΕΔ Worldwide said; "This is a great opportunity and I’m delighted to join the board, and be confirmed in the CFO role. Βι¶ΉΤΌΕΔ Worldwide is fantastic business with a wealth of opportunities and I look forward to continuing to drive profitability and our returns back to the Βι¶ΉΤΌΕΔ. This role will allow me to play a major role in propelling the business forward to attain our strategic and financial objectives."

Philip Vincent’s appointment is effective immediately.

Alison Donnelly