NEWS26 October 2009

Brierley to remain chairman of expanded e-Rewards

M&A People UK

UK— Hal Brierley (pictured), chairman and CEO of e-Rewards, is to retain his role of chairman after the completion of the agreed takeover of rival panel provider Research Now.

Chris Havemann, CEO of Research Now, will take the role of CEO of the combined company.

E-Rewards confirmed in a statement late on Friday that Brierley would retain his role as chairman.

The companies reached an agreement on the £85m takeover deal last week, and shareholders representing more than two-thirds of the ownership of Research Now have already said they will vote in favour of the takeover at a meeting slated for late November.

The companies will continue to trade independently until the transaction is complete, Brierley said in Friday’s statement.