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Management Buyout At Rex Features

 News just in from Rex Features
Rex Features announced today that it is to pass control to its staff, management and a small group of individual investors.
While the Selby family will retain a significant financial interest in the business, the current Director of Sales and Marketing, Larry Lawson, takes on the position of managing director. The management and staff of Rex will remain as it is.
John Selby said ?Since its foundation by our parents (in 1954), Rex Features has enjoyed a great reputation within our industry and we are very pleased to be able to pass on the running of this Company to our ?extended family?, the management and staff. I am very confident that the brand we have built up over the years between all of us will thrive and continue to play a key role in the provision of editorial imagery to the media and all picture users around the world.?