Zoo Digital reshapes board leadership to support future growth plans (ZOO)

Zoo Digital (LSE:ZOO) has announced a series of board changes aimed at strengthening its governance framework as the company prepares for its next stage of growth. Alan Newman has been appointed as an independent non-executive director and chair designate of the Audit Committee, bringing extensive experience from senior roles across the financial and media sectors, including positions at Ebiquity, YouGov and Future.

Leadership transition accompanies wider board refresh

Newman is expected to assume the Audit Committee chair role following the FY26 AGM, succeeding long-serving director Mickey Kalifa. The appointment is intended to enhance financial oversight as Zoo continues to navigate changing conditions within the global entertainment and content services industry.

The company has also confirmed that Nathalie Schwarz, previously senior independent director, will take over as chair from Gillian Wilmot after nearly seven years in the role. In addition, Zoo is actively seeking another independent non-executive director who will eventually chair the remuneration committee, reflecting a broader effort to refresh and strengthen the board following recent restructuring initiatives.

While the group continues to face pressure from weak financial performance, including ongoing losses and softer free cash flow, management highlighted progress through cost reduction measures, improved margins and positive cash EBITDA generation. However, declining revenues, lower cash reserves and weak technical trading indicators continue to weigh on the company’s overall outlook.

More about Zoo Digital

Zoo Digital Group is a technology-driven localisation and digital media services company serving the global entertainment industry. The business works with major Hollywood studios and streaming platforms, providing services such as dubbing, subtitling, captioning, metadata creation and media processing. Through its proprietary technology platform and network of more than 12,000 freelancers, Zoo operates across the U.S., Europe, the Middle East and Asia.