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(Alliance News) - Moneysupermarket.com Group PLC on Thursday announced the appointment of its new chair designate as an independent non-executive director.
The Chester, England-based price comparison website said Jonathan Bewes will assume both roles on July 1 as part of a succession plan to incumbent Chair Robin Freestone, subject to regulatory approval.
Freestone has served as Moneysupermarket.com chair since May 2019, having been with the company since August 2015. Bewes will assume the role of chair at the start of 2025, following a handover period with Freestone.
Moneysupermarket.com said Bewes "brings a wealth of experience in the banking and finance sector, having acted as adviser to the boards of many companies and held prominent leadership positions in various organisations", most recently at Standard Chartered PLC.
Bewes is also a senior independent director and chair of the audit committee at Next PLC, chair of the audit and risk committee at Sage Group PLC and chair of the audit and risk committee at the Court of the Bank of England.
"Jonathan is a respected leader in the banking and finance sector, and we are delighted to welcome him to Moneysupermarket Group. His extensive experience and strategic acumen will be invaluable as we continue to drive growth and enhance shareholder value," said Chief Executive Officer Peter Duffy.
Bewes commented on his appointment: "I am honoured to be appointed as chair of Moneysupermarket Group and look forward to working closely with the board and management team to build on the company's success by continuing to deliver on its important purpose of helping households save money, and to drive sustainable growth for the benefit of all stakeholders."
Shares in Moneysupermarket.com were up 0.4% to 230.60 pence each in London on Thursday afternoon.
By Greg Rosenvinge, Alliance News senior reporter
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