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IN BRIEF: Future names Kevin Li Yang as new chief executive officer

ALN

Future PLC - Bath, England-based online magazine publisher and owner of price comparison website Go Compare - Names Kevin Li Ying as the new chief executive officer, to take effect on March 31. He is currently the executive vice president of B2C, the group’s largest division. Prior to this, Kevin Li Ying was chief technology officer for eight years, and was also formerly the chief technical architect. He has been with Future for more than 20 years in total.

Current CEO Jon Steinberg will step down from the board on March 30, to act as senior adviser until June 30 to ensure a smooth transition.

Current stock price: 937.00 pence, up 4.6% in London on Thursday morning

12-month change: up 29%

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