UKTV CEO to step down | Major Businesses | Business
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After a period of unprecedented growth for the multi-channel British broadcaster, UKTV has announced that Darren Childs has decided to step down from his role as chief executive.

darrenchilds 7Feb2019After his eight years in charge, the network now reaches 40 million people every month. In that time the company has grown its commercial share of viewing by 42%, driven a 66% increase in revenues, and a near tripling in profits. Childs also strengthened UKTV’s portfolio of brands including Dave, Drama and Really, three of the most popular non-PSB channels in Britain and announced a range of original programming such as Taskmaster, Dynamo: Magician Impossible and live events including Monty Python Live: One Down Five To Go and David Haye Boxing

During his tenure, the company also launched UKTV Play, its direct-to-consumer VOD service and fastest growing brand with two million registered users.

Childs will remain in his post until 1 July and the Board, will in parallel, explore new leadership options for the next phase of UKTV’s growth. Reflecting on his decision he said: “It’s been the greatest honour to work with this fantastically talented group of people, I’m incredibly proud of what this team has created, and the successes they’ve built: growing audiences, working with our producer partners to create a collection of award-winning programmes; and making bold entertainment brands that stand out from the crowd. We’ve created a huge amount of value and had a lot of fun...I wish the company every success for the future.”

JB Perrette, UKTV board member and president and CEO of Discovery International, which half-owns UKTV with BBC Studios, added: “Darren is a fantastic executive who has helped build market leading brands and content, and a terrific team during his tenure at UKTV. He has made an invaluable contribution to the business and on behalf of Discovery and the UKTV Board, I want to thank him for his commitment, creativity and resourcefulness at the helm of UKTV.”

BBC Studios CEO Tim Davie remarked: “Darren deserves our thanks for his many achievements in eight years as an excellent CEO of UKTV. His leadership of the company has created significant value for UKTV’s shareholders: overseeing a vibrant portfolio of channel brands, bringing in successful new commissions complementary to UKTV’s BBC content, and delivering consistently strong impacts and financial performance.”