Foan exits Jicwebs

Foan (pictured) has been at the forefront of trusted industry standards for internet advertising helping media companies find new ways to deliver trust and transparency, in the changing advertising and media environments.

Foan launched the first digital currency company (ABC Electronic) in 1996 which enabled UK media companies to have their traffic data certified to industry agreed standards.

At the request of the four industry bodies – ISBA, IPA, IAB and AOP – he formed the stand alone ‘not-for-profit’ company, Jicwebs Ltd, two years ago. More than 120 companies now subscribe to the industry agreed standards for trusted digital ad trading.

He established a partnership between Jicwebs and the US-based Trusted Accountability Group (TAG) to bring consistency and transparency to the UK and US markets.

In addition, he has served for more than 18 years as the chairman of the International IFABC.org Digital Standards Group.

Foan will stay involved in the media industry through advisory and non-executive roles.

The Jicwebs board (with MRA Morgan Rutherford Associates) are now looking at internal and external applications for the new role of CEO/managing director.

Foan said: “As the media industry evolves, it is more important than ever to focus on delivering the transparency that is so essential to creating brand trust. I am immensely proud of what Jicwebs has achieved so far. With our fantastic team, the support of four great trade bodies, and an impressive group of media professionals behind our cause, now feels the right time to hand over the reins.”