Appointment of New Global Chief Technology Officer

RNS Number : 8210Q

Ten Lifestyle Group PLC

08 June 2018

 

8 June 2018

Ten Lifestyle Group Plc

("Ten" or the "Company")

Ten appoints new Global Chief Technology Officer

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world's wealthy and mass affluent, today announces the appointment of Francesco de Marchis to the new role of global Chief Technology Officer (CTO). Francesco has over 20 years' experience as a technology and engineering leader. He will lead the expansion of the Ten digital platform across all regions, whilst focussing on increased functionality, customisation, and personalisation.

Francesco will join Ten from Jac Travel in September 2018 where, as Group CTO, he was responsible for IT and digital strategy, supporting 600 employees worldwide.  Francesco has previously worked at Play.com, Orbitz and Oracle. He has a customer-focused mentality with deep sector knowledge of the multi-vertical, global travel and leisure space as well as a keen interest and experience in personalised service in a digital environment.

Francesco will be reporting directly into the CEO and will work alongside Sally Crimes, Ten's CPO.

This appointment is in line with Ten's commitment to invest in and develop its technology platforms in order to fuel its global expansion.

Alex Cheatle, CEO of Ten Lifestyle Group, said;

"We are delighted to welcome Francesco to the Ten team as our Chief Technology Officer.  He has exactly the right sector experience of delivering travel and lifestyle services through innovative technology. This, combined with his knowledge of personalisation and his customer-focused mentality, both crucial to Ten's vision, makes Francesco a great fit for us.  He will lead our strong and growing team of developers and be responsible for our multi-million pound annual investment into our technology platforms.  This is central to our aim of becoming the most trusted travel and lifestyle service in the world.

We are launching our digital technology around the world as a central part of our strategy to achieve this goal.  It's already available in three continents, across multiple categories, brands, languages and currencies.  We plan to continue to innovate and refine our offering to consumers and corporates."

Francesco de Marchis, CTO of Ten Lifestyle Group, said;

"I am excited to be joining such an incredible company where technology and innovation are at the core of their strategy. More importantly, I have been impressed by the senior leadership team, their expertise, and their dedication to achieve excellence for their customers".

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Enquiries:

Ten Lifestyle Group Plc                                                 via Tavistock

Alex Cheatle, Chief Executive Officer

Sean Hegarty, Chief Financial Officer

Kerry Anderson, Head of PR                                       [phone]

Jefferies International Limited                                 [phone]

Nominated Advisor       

Simon Hardy

Christopher Binks

Peel Hunt LLP                                                               [phone]

Joint Broker

Edward Knight

Nick Prowting

Max Irwin

Tavistock                                                                             [phone]

Jos Simson

Simon Hudson

Sophie Praill

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group Plc, founded in 1998, is a leading, technology-enabled lifestyle and travel platform, providing trusted concierge services to its members around the clock, 365 days a year. The Group currently has a headcount of over 800 staff around the world and is listed on the AIM market of the London Stock Exchange (AIM: TENG).

Ten assists its members to discover, organise and book travel, dining and live entertainment; seeking to save them both time and money. Through Ten's service proposition, members can achieve superior access, experiences and outcomes, more cost-effectively and conveniently than they could have achieved on their own. Ten provides a high-touch travel and lifestyle concierge service, underpinned by its proprietary technology-enabled platform.

Across the business, Ten manages and provides its personalised service to more than 1.6 million registered private and corporate individuals on behalf of over 50 organisations.

Ten is headquartered in London, with offices in 20 locations globally serving its growing global network of members.

For further information about Ten Lifestyle Group Plc, please go to: https://www.tengroup.com/.

 

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