Kevin Li Ying Announced as Future CEO
Portfolio - People | Jan 30, 2025 | Business Cloud
Future plc, a prominent media company, has announced the appointment of Kevin Li Ying as its new CEO, a decision that has positively impacted the company's stock price. Li Ying, who has been with Future for over 20 years and successfully led its transition into a digital media platform, will officially take over from Jon Steinberg on March 31, 2025. Steinberg's departure had previously caused a dip in Future's share price. The company's market cap is now over £1 billion as shares rose to 936p. Li Ying's focus will continue to be on driving Future's growth and innovation strategy.
Sectors
- Media and Publishing
- Technology
Geography
- United Kingdom – Future plc is based in Bath, UK, and plays a significant role in the digital media landscape in the country.
Industry
- Media and Publishing – Future plc operates within the media and publishing industry, transitioning from print to a digital-first approach under the leadership of its executives.
- Technology – Kevin Li Ying's experience in the technology sector, including his role as CTO, highlights Future plc's reliance on tech innovation as a core component of its strategy.
Financials
- 936p – The current share price of Future plc following the announcement of Kevin Li Ying as CEO.
- £1 billion – The market capitalisation of Future plc as of the latest share price.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kevin Li Ying | Incoming CEO | Person | Kevin Li Ying is set to assume the role of CEO at Future plc, bringing extensive experience from his 20-year tenure at the company. |
| Jon Steinberg | Outgoing CEO | Person | Jon Steinberg is the current CEO of Future plc, whose announced departure led to a temporary decline in the company's share price. |
| Future plc | Company | Company | Future plc is a major media company known for brands such as TechRadar, with a focus on digital content and innovation. |
| Richard Huntingford | Chair | Person | Richard Huntingford is the Chair of Future plc, endorsing Kevin Li Ying's appointment as CEO. |
| W.A.G Payment Solutions plc | Company | Company | A FTSE 250 technology company where Kevin Li Ying serves as a non-executive director. |