Futuresource appoints Richard McDonald as CEO and Kathy Million as COO

New leadership will build on specialist research and personal client relationships to lead the company’s next phase of growth 

ST ALBANS, UK, September 23, 2026— Futuresource has appointed Richard McDonald as Chief Executive Officer and Kathy Million as Chief Operating Officer, strengthening its leadership as it develops its business across professional AV, consumer electronics, the entertainment industry and the education sector. 

A boutique UK-headquartered market research house with a global outlook, Futuresource combines proprietary research with deep sector knowledge and direct access to its analysts. McDonald and Million will build on those strengths, bringing complementary experience in strategic investment, technology and operational leadership to deepen existing client relationships and introduce Futuresource’s expertise to new audiences. 

“The brilliance of Futuresource is in our analysts and the relationships they build with clients,” said Richard McDonald, Chief Executive Officer of Futuresource. “They know their markets, challenge assumptions and understand the commercial decisions behind the questions. Our ambition is to bring that expertise to more businesses while preserving the direct access and personal attention that make Futuresource distinctive. When a client faces a decision that matters, we want to be their first call.” 

The leadership team’s focus is on delivering greater value to clients by developing Futuresource’s product offerings, enhancing its data and insights capabilities, strengthening its partnerships and alliances, and raising the profile of its specialist expertise. Clients will remain able to speak directly with the people behind the research to explore findings and understand their implications. 

As AI changes how businesses access and use information, Futuresource sees an opportunity to make its expertise even more valuable. Its approach brings an openness to new technology together with the proprietary evidence, independent judgement and personal relationships on which clients rely. 

McDonald brings extensive experience in mergers and acquisitions, including leading transactions in healthcare software and technology. His work also includes acquiring a family of patents involving synthetic and 3D imaging for applications in artificial intelligence. 

He led the first successful funding round for Magma Power, a renewable energy venture developing proprietary technology to harness energy from underground magma reservoirs. Its intended applications include powering data centres and cryptocurrency mining, alongside energy for hydrogen and green fuel production. 

With master’s degrees in finance and human resources, McDonald combines financial and strategic expertise with an understanding of the people and organisational capabilities required to deliver growth. 

Million brings more than three decades of experience in operational leadership, business development and customer relationships. She currently serves as President and Chief Operating Officer of BCC Research, a sister company to Futuresource. 

As Director of Mergers and Acquisitions at Eli Global, she led the development of a global acquisition process covering opportunity identification, acquisition qualification, deal structuring and due diligence. Her acquisition experience spans healthcare, gaming and trading, and addiction and recovery businesses. 

Her career also includes leadership roles at PwC and TBM Consulting Group, where she helped build international operations and develop its SaaS business, alongside senior account management positions at Netsertive and DealCloud. 

“Operational excellence should be felt by the client,” said Kathy Million, Chief Operating Officer of Futuresource. “It shows up in an answer that arrives when it is needed, a team that understands the brief and a promise that is kept. My priority is to give our people the clarity, support and tools to do exceptional work, and to preserve the personal attention our clients value as we grow.” 

A fresh expression of Futuresource’s brand and digital presence is also taking shape, bringing its specialist expertise and the people behind it more clearly into view. 

About Futuresource Consulting 

Futuresource Consulting provides specialist market research and strategic advice across consumer electronics, entertainment, education and Pro AV. Its coverage spans devices, content and services, education technology, professional audio, displays and collaboration. Combining original research with the independent judgement of experienced analysts, it helps clients understand demand, evaluate opportunities and make informed commercial decisions. 

For more information, visit www.futuresource-consulting.com. 

Media enquiries 
Olivia Lowden
Senior Marketing and Communications Executive
Olivia.lowden@futuresource-hq.com 
+44 1582 500 119