- Podcast group Audioboom said chief executive Rob Proctor had stood down, with immediate effect.

Chief operating officer Stuart Last had been appointed as interim CEO while the company commenced a search for a permanent replacement.

Audioboom said it continuesd to perform well and would provide a third-quarter trading update on 7 October.

'Rob has taken Audioboom from a pre-revenue start-up to one of the world's top audio platforms,' chairman Michael Tobin said.

'I wholeheartedly wish him the best for the future.'

'He leaves behind a company in the best shape it has ever been and at the forefront of the burgeoning podcast industry.'

'I look forward to announcing a new CEO in due course who will continue to drive Audioboom's strong growth and performance.'

At 2:41pm: [LON:BOOM] Audioboom Group share price was -2.5p at 175p

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