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30/06/2005

ID Distribution recruits new Finance Director

ID Distribution has appointed Glenn Reid to the new position of Finance Director.
Reid, whose former roles include Head of Finance at Channel 4’s commercial arm 4 Ventures, will be responsible for ID’s strategic financial direction.
Reid has a wealth of media experience. After a range of roles in his native Australia, Reid joined the Institute for International Research (IIR) as International Controller, rising to Chief International Controller based in Amsterdam.
In 1997 he joined five (then Channel 5) as Senior Management Accountant shortly before its successful launch, working to establish the company’s financial systems and processes and helping to put the company on a secure financial footing.
After joining the digital channels team at Channel 4, responsible for the launches of the FilmFour channels, E4 & E4+1, and management of the Channel 4 and ITV DTT multiplex, Reid was appointed Head of Finance for 4 Ventures, the commercial arm of Channel 4, responsible for digital channels, learning, web & interactive, 124 Facilities, 4Creative and Channel 4 International and Consumer Products, the TV programme rights exploitation businesses. Following the very successful turnaround of the 4 Ventures finances, Reid joined Two Way Media in March 2005 for a brief stint as Interim Finance Director before accepting the role of Finance Director at ID Distribution in June 2005.
Sally Miles, Managing Director of ID Distribution, said: “ID Distribution has experienced phenomenal growth over the past year and Glenn’s appointment is testament to our strength and ambition as a company. We’re delighted to have him on board – his experience will play an important contribution to shaping the company going forward.”
Reid added: “ID Distribution has very quickly positioned themselves at the forefront of international distribution and I am hugely impressed by the energy, commitment and professionalism of the team and their dedication to serving the interests of their producers. I’m delighted to be joining one of the most forward-thinking independent distributors in the UK and to be helping them maximise commercial returns to the independent production sector.”
(GB)
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