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Cornwall's 105 to 107 Itchy FM - Ofcom Licensing

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SECTION <strong>105</strong>(A): ABILITY TO MAINTAIN PROPOSED SERVICE<br />

1. Ownership and control of company which will operate the licence<br />

(a) Board of direc<strong>to</strong>rs<br />

(I) Provide the name, occupation, other direc<strong>to</strong>rships, other media interests, background and<br />

relevant media experience of each direc<strong>to</strong>r (executive and non-executive), including the proposed<br />

chairperson.<br />

(II) If there are firm plans <strong>to</strong> appoint any further direc<strong>to</strong>rs, provide information (with details of any<br />

specific individuals in mind). This information may be submitted in confidence<br />

Direc<strong>to</strong>rs:<br />

IMD Radio Cornwall Ltd has established an experienced board of direc<strong>to</strong>rs that combines the founders<br />

behind the idea of a distinctive new music station in Cornwall, business entrepreneurs with Cornish<br />

relevant market knowledge, successful small-scale commercial radio expertise, committed youth media<br />

brand experience and one of the radio industry’s most successful national commercial opera<strong>to</strong>rs.<br />

Rolf Munding – Non Executive Chairman<br />

A local success s<strong>to</strong>ry, Rolf owns a number of local, national and international businesses from his<br />

home in Cornwall, ranging from the Green Room Music Venue in Redruth, <strong>to</strong> Duffs – a young fashion<br />

brand. Rolf also manages a series of housing development investments throughout the county.<br />

Ian Merricks – Launch Commercial Direc<strong>to</strong>r<br />

Ian has developed IMD in<strong>to</strong> a successful opera<strong>to</strong>r within the youth media market. Ian has a longstanding<br />

ambition <strong>to</strong> operate a new music radio station in Cornwall and has assembled an<br />

exceptional team of professionals <strong>to</strong> launch and develop the station.<br />

Managing Direc<strong>to</strong>r – See confidential appendix<br />

Cornish born and bred, our Managing / Programming Direc<strong>to</strong>r has outstanding experience in radio<br />

programming and management. Details have been submitted in confidence <strong>to</strong> <strong>Ofcom</strong>.<br />

Martin Dallaghan – Launch Operations Direc<strong>to</strong>r<br />

Martin is a proficient Operations Direc<strong>to</strong>r, overseeing day-<strong>to</strong>-day operations within IMD Group. With<br />

a background in local radio programming and marketing, Martin is a specialist in youth media<br />

business establishment and development.<br />

Micheal Snaith – Non Executive Direc<strong>to</strong>r<br />

Micheal is an accomplished finance professional, and subject <strong>to</strong> the successful award of the licence<br />

<strong>to</strong> IMD Radio Cornwall Ltd will be appointed <strong>to</strong> the board. Micheal is employed as the Direc<strong>to</strong>r of<br />

Finance for Northern Light Ltd.<br />

<strong>Itchy</strong> <strong>FM</strong> has secured a Managing Direc<strong>to</strong>r for the station, and this individual will also be appointed <strong>to</strong><br />

the board as an executive direc<strong>to</strong>r upon award. A profile is included in the Confidential Appendix. In<br />

addition this individual will be supported from launch by an experienced radio consultant. (See Staff<br />

Structure for details)<br />

2

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