By Anthony O. Goriainoff
XLMedia said Chief Financial Officer Caroline Ackroyd will resign and join a company operating in the gambling sector.
The London-listed digital media company said Ackroyd will remain with the business until March 31 to ensure an orderly handover.
The process to find a replacement will start immediately and that shareholders will be updated at the appropriate time, it said.
Shares at 1617 GMT were down 0.10 pence, or 1.2%, at 8.15 pence.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com