Future names Zillah Byng-Maddick as new CFO

Zillah Byng-Maddick has been named as Future's new chief financial officer, replacing Graham Harding after his 13-year tenure.

MCV reports that Byng-Maddick will start in her position on November 1,after leaving her current role at Trader Media Group. She is also a non-executive director of gambling company Betfair.

In a statement, Future CEO Mark Wood said, "Zillah has an outstanding reputation and her experience of leading a successful and rapid transition from print to digital at Trader Media Group is of enormous value to us at this time.

"She will help transform Future, accelerating the pace of change, which is key to us building a more profitable digital business. We are indebted to Graham for his tremendous contribution to Future's development over many years and in particular his recent success in strengthening the balance sheet. We wish him every success with his future plans.”

Byng-Maddick's hiring follows the loss of 55 jobs at Future. Check out our report on the matter here.