CEO Auty out of Works


LONDON -- Chris Auty, one of the most recognizable faces on the international film scene, is quitting his post as CEO of the Works Media Group.

Auty will leave after more than five years with the group, which now includes a U.K. distribution operation along with sales arm and film market regular the Works International.

The executive -- who has steered the group alongside group finance director Norman Humphrey through corporate changes including a strategic withdrawal from direct film production and a listing here on the Alternative Investment Market -- will remain a consultant with the group for three months.

Humphrey is stepping into the vacated role. Auty said in an interview that we wants to spend more time with his children. "I'll be 50 in June and want to see more of my two young children," Auty said. "Norman and I have worked really closely together for five years and I know he will take the business on."

Said Humphrey: "This is a step change in Chris' life but it is not a step change for the Works Media Group. (Chris and I) have worked over several years to re-energize the Works and have done so. Now we want more of the same here."

Added Barker in a statement to the market: "We believe the Works now has a strong platform for growth and the correct strategy to take advantage of business opportunities in the film industry for the benefit of its shareholders."