Appointment of Chief Executive Officer

RNS Number : 5631N

Moneysupermarket.com Group PLC

27 October 2016

 

27 October 2016

Directorate Change - Appointment of Chief Executive Officer

This announcement contains inside information.

Moneysupermarket.com Group PLC ("Moneysupermarket" or the "Group") announces the appointment, subject to regulatory approval, of Mark Lewis as Chief Executive Officer, succeeding Peter Plumb who, as announced in August, has indicated he will step down as Chief Executive on or before the Group's AGM in May 2017.

Mark Lewis will take over from Peter Plumb as Chief Executive on or before 4 May 2017 and will join the Board of the Group as an Executive Director. A further announcement on the exact timing will be made in due course.

Mark Lewis is currently Retail Director of John Lewis.  He joined John Lewis in early 2013 as online director, and in 2015 was made responsible for running both shop and online operations at the retailer.  Prior to that he was CEO of Collect+, and before that he was UK Managing Director and European Director of Marketplaces of eBay. Mark has an MA in Mathematics from Cambridge University and an MBA from INSEAD. He has a track record of successfully leading businesses in the consumer and online industries. 

Bruce Carnegie-Brown, Chairman of Moneysupermarket, said:

"The Board is pleased to appoint Mark Lewis as Group CEO of Moneysupermarket. The Board conducted a wide-ranging and thorough search for the role. Mark has a successful track record of leading fast growing digital businesses with strong customer satisfaction, trust and values. His experience and values are aligned with Moneysupermarket's goal of helping our customers save money on their household bills."

Mark Lewis added:

"I am delighted to be joining Moneysupermarket and look forward to building on the success of the business.  In particular, I look forward to delivering on the clear mission to help a growing number of people save more money on their bills every year."

There is no information required to be disclosed pursuant to Listing Rule 9.6.13R relating to Mark Lewis.

Mark Lewis's appointment terms are in accordance with the terms of the remuneration policy approved by shareholders.

ENDS

Notes to editors:

Mark Lewis

John Lewis:

Retail Director                                        2015-present

Online Director                                       2013-2015

Collect+ :

CEO                                                     2010-2013

(Market changing parcel delivery company, offering parcel despatch and collection from thousands of corner shops, working with clients including Amazon, ASOS, eBay, Boden and others.)

eBay:                                                    2004-2010

European Director of Marketplaces          2009-2010

Managing Director UK                            2008-2010

Boston Consulting Group:

Consultant/Project Leader                       2001-2004

Education

Cambridge University (Mathematics)        1991-1994

INSEAD (MBA)                                      2001

The appointment of Mark Lewis is subject to his prior approval by the FCA as an approved person in accordance with section 59 of the Financial Services and Markets Act 2000. Moneysupermarket.com Financial Group Limited, a subsidiary of Moneysupermarket.com Group PLC, is authorised and regulated by the FCA.

For further information, contact:

Matthew Price, Chief Financial Officer

Tel:  [phone]

William Clutterbuck, Maitland

Tel: [phone]

 

END

 

 

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