Markets Media Group (MMG), a leading publishing firm in the global securities industry, has announced a major management restructuring aimed at driving growth and innovation. This strategic shift positions MMG for the next phase of its development, reinforcing its role as a premier source of essential information and insights for financial professionals worldwide. The restructuring is designed to align the company’s operations with the evolving demands of the market, enhancing its ability to deliver high-quality content and solutions to its diverse audience. With a focus on strengthening leadership, improving operational efficiency, and fostering collaboration across teams, MMG is committed to maintaining its industry leadership and expanding its reach. This move reflects the company’s dedication to adapting to market changes and continuing to provide valuable, timely resources for professionals in the ever-evolving global financial landscape.
A New Era for Markets Media Group
Markets Media Group, which has long been recognized for its leadership in the global securities industry, is embarking on an exciting new chapter. With a clear focus on facilitating the next phase of growth, MMG has undertaken a top-to-bottom restructuring of its management team. This restructuring aligns with the company’s evolving vision, which emphasizes operational efficiency, strategic direction, and an enhanced focus on the diverse needs of its clients in the fast-paced world of finance and trading.
At the heart of this transformation is a leadership change that will redefine key roles within the organization, ensuring that Markets Media Group is well-positioned to adapt to emerging trends in the financial industry. This restructuring is expected to drive innovation, improve efficiency, and allow MMG to continue serving its global audience with high-quality, timely, and relevant content.
Key Changes in the Executive Leadership
One of the most notable changes in the management restructuring is the appointment of Julia Schieffer as the Chief Operating Officer (COO) of Markets Media Group. Schieffer, who has been a key figure in the company’s success, will step into this new role following a distinguished tenure as the Founder and Editor of MMG-owned DerivSource. DerivSource is widely regarded as a leading online information source for professionals working in the over-the-counter (OTC) and post-trade markets. Schieffer has also served as the Director of Operations Strategy at MMG, and her extensive experience in strategy, operations, and marketing makes her an ideal candidate for this new responsibility.
Mohan Virdee, CEO and newly appointed Chairman of Markets Media Group, praised Schieffer’s impressive contributions to the company. He noted, “Julia has excelled in strategy, operations, and marketing for the group. The COO role is a natural evolution of what she has been doing, and I am very pleased for her to take on this role.”
Schieffer’s appointment as COO is seen as a critical step in MMG’s efforts to streamline its operations and further enhance its presence in the global market. Her leadership skills and in-depth understanding of the company’s operations will be key in executing the organization’s strategic goals, ensuring the company remains agile and responsive to market changes.
Strengthening Markets Media Europe
In addition to Schieffer’s promotion, there are significant changes in the leadership of Markets Media Europe, which is a core part of MMG’s global operations. Ian Rycott, who has previously served as Director and Publisher at Markets Media Europe, will assume the role of Chief Operating Officer (COO) for the European division. In his new position, Rycott will have dual reporting lines, reporting to both Schieffer in her new role as COO of MMG and to Dan Barnes, the CEO of Markets Media Europe.
This dual reporting structure is designed to foster greater collaboration between MMG’s global and regional operations, ensuring that the company can leverage its extensive resources and expertise across multiple regions. Rycott’s extensive background in publishing and his deep understanding of the European market make him well-suited to lead the charge in MMG’s European operations, helping to drive growth and innovation.
Expanding Global Trading’s Reach
Scott Galvin, currently serving as the Director and Commercial Manager at Markets Media Europe, will take on an expanded role as the Publisher of Global Trading magazine. Global Trading is one of MMG’s flagship publications, and Galvin will work closely with Barnes, Rycott, Schieffer, and Global Trading Editor Nick Dunbar to continue growing the magazine’s global presence and impact. Galvin’s leadership will be instrumental in expanding the reach of Global Trading to a wider audience, further cementing its position as a premier source of news and insights in the global trading community.
The publication focuses on the most pressing issues in the trading and financial markets, including innovations in trading technologies, regulatory updates, market trends, and more. Galvin’s ability to navigate the complexities of the industry and build strong relationships with key stakeholders will be pivotal in ensuring Global Trading remains at the forefront of the industry’s most important discussions.
A New Vision for Fixed Income Markets
As part of the restructuring, Adrian Northey, who has been with MMG for a number of years, will assume the role of Publisher of The DESK, MMG’s publication focused on the fixed income markets. Northey will be tasked with continuing to expand the reach and influence of The DESK in both primary and secondary markets. The fixed income market has seen significant changes in recent years, with new regulations, technology advancements, and shifts in investor behavior, and Northey’s deep expertise in this area will be critical in positioning The DESK as the leading publication for fixed income professionals.
Northey’s experience in managing content and cultivating relationships within the fixed income industry will enable The DESK to grow its footprint globally, providing valuable insights to traders, investors, and other market participants. His leadership will help ensure that The DESK remains a trusted and authoritative voice in this important segment of the financial markets.
Promoting Internal Talent and Strengthening the Organization
In addition to these executive appointments, MMG has also announced that David Griffiths, a long-time member of the company, will assume the title and role of President of Markets Media Group. Griffiths has been with MMG for many years and has played a key role in the company’s success. As President, Griffiths will work closely with CEO Mohan Virdee and the rest of the leadership team to help drive MMG’s strategic vision forward.
Virdee expressed confidence in the restructuring, saying, “People are the greatest asset at Markets Media Group, and I am confident that this restructuring gives our people the greatest opportunity to succeed like never before.” This emphasis on talent and leadership development highlights MMG’s commitment to fostering a collaborative and high-performance culture within the organization.
By promoting internal talent and strengthening the leadership team, MMG is not only ensuring continuity but also positioning itself to capitalize on new opportunities in the ever-changing financial landscape. The restructuring provides an opportunity to empower individuals within the organization, giving them the tools and resources they need to succeed in their respective roles.
Looking Ahead: MMG’s Strategic Priorities
The management restructuring is part of MMG’s broader strategy to continue evolving as a leader in the financial publishing space. As the company moves forward, it will focus on several key areas of growth and development:
Innovation in Digital Content:
With the continued rise of digital platforms, MMG is committed to embracing new technologies to deliver cutting-edge content that meets the needs of its global audience. Whether through online articles, webinars, podcasts, or other digital formats, MMG will continue to innovate in its content delivery to ensure it remains a trusted and influential source of information.
Global Expansion:
MMG has long maintained a global presence, and the company will continue to expand its reach in key markets around the world. This will include enhancing its offerings in emerging markets where the demand for financial news and analysis is growing rapidly.
Diversification of Content:
The company’s diverse portfolio of publications, including DerivSource, Global Trading, and The DESK, will continue to expand in both scope and depth. MMG plans to broaden its content to cover a wider range of sectors within the global securities industry, ensuring that its publications remain relevant and authoritative across various segments.
Client-Centric Approach:
MMG will continue to focus on understanding the unique needs of its clients and delivering tailored solutions that help them succeed. By providing high-quality, data-driven insights and in-depth analysis, MMG aims to further cement its reputation as an indispensable resource for professionals in the securities industry.
Frequently Asked Questionsa
Why is MMG restructuring its management?
To enhance growth, improve operational efficiency, and adapt to industry changes. This will help MMG stay competitive and innovative.
Who is the new COO of MMG?
Julia Schieffer, previously Founder and Editor of DerivSource, has been appointed COO to lead MMG’s operational strategy.
What is Ian Rycott’s new role?
Ian Rycott is now COO of Markets Media Europe, reporting to both Julia Schieffer and Dan Barnes to strengthen European operations.
Who will lead Global Trading magazine?
Scott Galvin will become the Publisher of Global Trading, expanding its global reach and influence in the trading industry.
What is Adrian Northey’s new role?
Adrian Northey is the new Publisher of The DESK, focusing on expanding its footprint in fixed income markets worldwide.
Has MMG appointed a new president?
David Griffiths has been appointed as President of MMG, overseeing strategic direction alongside the CEO.
How will this restructuring impact MMG?
The restructuring will streamline operations, foster innovation, and ensure better alignment with MMG’s growth goals.
How will this benefit MMG’s clients?
Clients will benefit from more agile, relevant, and high-quality content, tailored to the evolving financial markets.
What are MMG’s future growth priorities?
MMG will focus on expanding digital content, broadening its global reach, and diversifying its publications.
What is the broader impact of this restructuring?
The restructuring strengthens MMG’s leadership, positioning it to maintain its market-leading position and continue driving innovation.
Conclusion
Markets Media Group’s management restructuring marks a pivotal moment in the company’s journey. By promoting internal talent and creating new leadership roles, MMG is preparing itself to take full advantage of new opportunities in the global financial markets. The leadership team is committed to driving growth, fostering innovation, and ensuring that the company remains at the forefront of financial publishing.
