DMG Information (DMGI), the business
information division of the Daily Mail & General Trust plc, today announces
that Stephen Stout, formerly CEO of Landmark Information Group, has been appointed to a newly formed
position of CEO DMGI Asia Pacific. He will be located in Singapore and
will be tasked with developing DMGI’s presence in Asia and adjacent markets. Stout
will be replaced as CEO of the Landmark Information Group by Mark Milner, who
was previously CEO of the Digital Property Group.
Stout is no stranger to the Asia and
Australasian markets having previously been based in
Singapore for eight years and two years in Australia in previous roles.
Commenting on his new
role, Stout said, “After 10 years at Landmark, I am extremely excited to be
taking on the challenge of spearheading DMGI’s expansion into Asia, a market in
which we already have experience and where we can see enormous opportunities. Landmark
has made huge progress over the years and it has been an honour to work with
the Landmark team, who, I am certain, will continue to have success expanding
Landmark’s UK business and developing further in Europe”.
Stout will continue to report
to Suresh Kavan, CEO of DMGI, who commented, “I’d like to thank Stephen for his
leadership over the last 10 years and wish him the very best of luck in his new
venture; we are all very excited about realising the opportunities we have
identified in the Asian markets and Stephen is exactly the person to bring
those opportunities to DMGI. In his new pan-DMGI role he also has access to a
vast array of DMGI services and he will be instrumental in helping our US and
European businesses establish secure footings in the Asian and Australasian
markets.”
A follow-up announcement
will be released shortly with details of Stout’s successor.
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