Paragon Entertainment promotes its COO to CEO

Paragon Entertainment, an AIM listed attractions design, production and fit-out business, has appointed its chief operating officer (COO) to the role of Chief Executive Officer (CEO).

John Dobson will take over as CEO from Mark Pyrah, who is also the company's co-founder. Pyrah will move into the role of development director.

Executive chairman Mark Taylor said: "As we have become increasingly confident about the sustainability of Paragon's growth, the board has decided that it would be wise to further strengthen management for the future. John Dobson is ideally positioned to lead management best practice and release Mark Pyrah to focus on his passion and propensity for sales and business development."

The group’s projects have included the design and build of Rolling Stones Exhibitionism at the Saatchi Gallery and Kidzania in London, galleries at the Olympic Museum in Switzerland and the National Museum of Kazakhstan and the Titanic Belfast.

The share price rose 0.38% to 2.66p at 1242 BST on Monday.