Last checked at 15 May 2020 07:00
15 May 2020
Directorate Change - Appointment of Chief Executive Officer
Peter Duffy of Just Eat appointed CEO of Moneysupermarket.com Group PLC
This announcement contains inside information.
Moneysupermarket.com Group PLC ("Moneysupermarket" or the "Group") announces the appointment of Peter Duffy as Chief Executive Officer. Peter will succeed Mark Lewis who, as announced in February, is stepping down as CEO.
Peter Duffy is currently CEO of Just Eat Limited (previously known as Just Eat plc1) and before that was Chief Commercial Officer at easyJet and Marketing Director of Audi UK. Peter started his career in banking, holding positions with Barclays, Yorkshire Bank and TSB. He is a Non-Executive Director of Close Brothers Group plc, where he is a member of the Risk Committee.
Peter Duffy will take up the position of CEO and join the Board on 1 September 2020, subject to normal regulatory approvals2.
Robin Freestone, Chair of Moneysupermarket, said:
"After an extensive search, we're pleased to appoint Peter Duffy as our new CEO. He has the track record we're looking for: experience of digital businesses and a dynamic leadership style that's been honed in fast moving trading environments, including nearly 7 years at easyJet.
"We thank Mark for his leadership over the past three and a half years and wish him well. Mark and the team have set a clear strategy for the Group and helped households save over £6bn."
Peter Duffy added:
"I'm thrilled to be joining Moneysupermarket Group, a company I have always admired. We are here to save customers money, and with people facing so much uncertainty at the moment, this has never been more important. I'm really looking forward to working with the team on their exciting plans to bring more savings to more people."
Mark Lewis will step down as CEO on 31 August 2020 and will leave the Group thereafter.
There is no other information required to be disclosed pursuant to Listing Rule 9.6.13R relating to Peter Duffy.
Peter Duffy's appointment terms are in accordance with the remuneration policy approved by shareholders.
Ends.
__________________________
1 Just Eat plc delisted and re-registered as a private company on 6 March 2020
2 Moneysupermarket is authorised and regulated by the Financial Conduct Authority (FCA).
For further information, contact:
Scilla Grimble, Chief Financial Officer scilla.grimble@moneysupermarket.com / 07790 365098
William Clutterbuck, Maitland/AMO wclutterbuck@maitland.co.uk / 0207 379 5151