Darren Childs is stepping down as CEO of UKTV after an eight year stint which has seen the multi-channel broadcaster boost its audience share, revenues and profits off the back of greater investment in first-run and original content.
UKTV is a joint venture between BBC Studios and Discovery International and operates a portfolio of 10 channels including Dave, Drama and Really, as well as the Video On Demand and catch-up service UKTV Play.
Childs will remain in post until 1 July and the board says it will use the time to “explore new leadership options for the next phase of UKTV’s growth.”
Darren Childs, CEO UKTV, 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 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.”
JB Perrette, UKTV Board member and President & CEO Discovery International, said: “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.”
Tim Davie, CEO of BBC Studios, said: “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.
“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 own next move.”