FAIRFX Group plc announced the appointment of John Pearson as its new non-executive Chairman. Jason Drummond, the previous Chairman who co-founded the company in November 2005 and led the board through its recent successful listing on AIM, has informed the board that he has taken on the position as CEO at one of his other companies. Consequently, he now needs to focus more of his time and attention on this role.

Accordingly, he has stepped down from the board of FAIRFX to concentrate on his new duties. John Pearson has considerable experience in the digital, media and broadcast industries. He was co-founder and CEO of Virgin Radio for 13 years.

Jason will continue to advise the company as required on its next generation of technology, including apps and website development.