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Monday, November 30 - 2009

Abu Dhabi Media Company appoints Frank Mooty CFO

  • United Arab Emirates: Monday, May 18 - 2009 at 14:14

Abu Dhabi Media Company, one of the fastest growing, multi-platform, media organizations in the region, has appointed Frank Mooty as its Chief Financial Officer.

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  • Frank Mooty.
    Frank Mooty.
Prior to joining Abu Dhabi Media Company, Mooty was Group Chief Financial Officer at quoted newspaper group Metro International SA where he helped deliver the group's first profit, strengthened the balance sheet, and improved relations with analysts.

He has held director positions with the BBC, ITEL-Time Warner and De Agostini, where he implemented solid financial processes, secured financing and developed strategic budgeting processes. In Coopers & Lybrand he helped a range of blue chip companies to improve the performance of their finance functions. Mooty is experienced in negotiating joint ventures and preparing companies for IPOs.

Underscoring the value of Mooty's international media experience, Edward Borgerding, CEO of Abu Dhabi Media Company said:

"Abu Dhabi Media Company is a growth story not only in terms of rich content but commercial opportunity. Frank's proven financial stewardship and experience with global media brands will enable us to streamline and upgrade our financial operations to the highest international standards."


Commenting on his appointment, Mooty said: "Abu Dhabi Media Company has achieved phenomenal growth and international recognition over the last year. This is a great opportunity to improve, protect and build the commercial position of one of the Arab world's most exciting media companies."
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Notes and media contacts

For more information please contact:

Loreen Fraser-Owusu, Consultant
Impact Porter Novelli
21st Floor, Emirates Towers
P.O.Box 19791
Dubai, United Arab Emirates
Tel: +9714 330 4030 Ext 430
Fax: +9714 330 4031

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