Dmg chief quits UK to focus attention on US operations

Dmg World Media chief executive Mike Cooke is leaving the UK and going to California to support the firm’s US operations. He will move to San Francisco in mid-August for an initial period of up to three years.

Dmg World Media chief executive Mike Cooke is leaving the UK and going to California to support the firm’s US operations. He will move to San Francisco in mid-August for an initial period of up to three years. About 60% of Dmg business is concentrated in North America and the company expects this to increase over the next three years. Dmg has bought 12 small US exhibition firms in the past year and Cooke will focus on developing these. Cooke said: “We are still growing in the UK, but we are in a stage of development in the US that requires my presence there. We’re a sizeable player here but we are not nearly as well-known in the US, so it’s my job to network with the media and exhibition industries there and act as the company ambassador.” Cooke is well-known in the UK exhibition industry, but he doesn’t believe his move will affect Dmg World Media’s UK business, which includes the Daily Mail Ideal Home Show. “Hopefully, it won’t have any negative effect at all,” he said. “I think it’s fair to say that we’re a well-established UK company. We’ve had a good year.” Cooke confirmed that the company’s acquisition programme had slowed in the past 12 months. “Generally speaking we are not acquiring much at the moment. What we have now is a great launch platform for internal growth, and that’s what I’ll be working on,” he said. The company’s UK operations will be headed by deputy chief executive Mark Alcock and Brenda Daly, vice-president of Dmg’s home interest business, in Cooke’s absence. Cooke concluded: “I will be coming back to the UK several times a year. The UK market won’t get rid of me that easily.”

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