The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A digital entrepreneur has been installed as chair of Ingenuity, the complete commerce business of Manchester-based online retailer THG.
Technology and payments entrepreneur, Alistair Crane, is Ingenuity’s first chairman and will support plans to accelerate growth in core markets, including the US.
THG chief executive, Matt Moulding, insists that Ingenuity is the secret sauce of the business and can grow the revenue and value of the group in the long term.
Alistair, who joined THG on January 2, 2024, is currently chief executive of digital career coaching business Bloom, has extensive experience working with brands and a proven track record in founding, scaling and exiting e-commerce businesses in the UK and US over a 20-year career.
Before Bloom, Alistair founded Grapple, a developer of mobile apps for brands acquired by Monitise, and HERO, a social shopping platform bought by Klarna in 2021.
His appointment supports the next stage in Ingenuity’s development following its pivot towards more complex, higher-margin Enterprise clients, which gathered pace in 2023.
As chairman, Alistair will support Ingenuity’s senior leadership team, using his experience and contacts to help scale the Ingenuity business in the US.
cont
https://www.thebusinessdesk.com/northwest/news/2128552-digital-entrepreneur-installed-as-first-chair-of-thgs-ingenuity
Nm