Darren Childs, CEO of British multichannel broadcaster UKTV, is stepping down from the post effective July 1.
In announcing the move, the board of UKTV said it would be looking for new leadership in tandem with Childs’ final months at the broadcaster.
According to UKTV, during his eight-year tenure as CEO, the company has grown its commercial share of viewing by 42%, seen a 66% increase in revenues and nearly tripled profits. The company added that Childs has strengthened UKTV’s brand portfolio which includes Dave, Drama and Really.
While Childs held the CEO post at UKTV, the company also launched UKTV Play, its direct to consumer VOD service.
Under Childs, UKTV commissioned such successful programming as Taskmaster, Dynamo: Magician Impossible and large scale live events including Monty Python Live: One Down Five To Go and David Haye Boxing, which drew some of the network’s biggest audiences.
“It’s been the greatest honor to work with this fantastically talented group of people,” said Childs in a statement. “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 programs; 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 want to give my sincere thanks and appreciation for the support the team has given me and look forward to continuing to work with our group over the coming months to ensure I pass the baton in a seamless fashion. I wish the company every success for the future.”
“Darren is a fantastic executive who has helped build market leading brands and content, and a terrific team during his tenure at UKTV,” added JB Perrette, UKTV board member and president & CEO Discovery International. “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.”
Tim Davie, CEO of UKTV’s other parent company, BBC Studios, added: “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. He will leave UKTV in extremely good health, with a great team at all levels and he will take our very best wishes this summer for his next move.”