ADMC CEO Ed Borgerding to step down

The current CEO of Abu Dhabi Media Company (ADMC) and Imagenation Abu Dhabi is to step down from both roles with immediate effect. The chief executive is leaving his post after three years to concentrate on independent projects.

ADMC’s chief financial officer, Frank Mooty, has been appointed acting CEO of both the above entities while a search is conducted by ADMC’s executive committee for a suitable replacement.

The media company’s chairman, HE Mohamed Mubarak Al Mazrouei said: “We are thankful for the contribution that Ed has made to the evolution of ADMC over the past three years. We are also grateful to have someone of Frank Mooty’s experience and capabilities, to oversee the company’s continued development, while we seek out the right candidate to realise ADMC’s next phase of commercial development and success.”

Abu Dhabi Media Company was established in 2007 and has interests in free and pay television, radio, publishing, digital media, games, feature films, music, digital signage, outside broadcast/production, and printing.