Last checked at 31 Jul 2013 07:00
Moneysupermarket.com Group PLC
31 July 2013
Directorate Change
Moneysupermarket.com Group PLC ("MoneySupermarket" or the "Company") announces that Paul Doughty, Chief Financial Officer, has informed the Board of his intention to step down as a Director and to leave the Company no later than 1 June 2014. Paul joined MoneySupermarket in 2004 as Chief Financial Officer. MoneySupermarket listed on the London Stock Exchange in 2007.
Paul Doughty, Chief Financial Officer, said: "The last nine years have been exciting and fulfilling. It has been particularly rewarding to guide the Company through its IPO and to see revenues and profits more than treble. It is time for me to move on and hand over to a new Chief Financial Officer, whom I will work alongside to ensure an orderly handover."
Peter Plumb, MoneySupermarket's Chief Executive Officer, said: "I have very much enjoyed working with Paul. Since I joined in 2008, Paul has played a critical role in steering the business back to growth. I am grateful for his counsel and support over the last five years and wish him well for the future."
MoneySupermarket's Chairman, Gerald Corbett, added: "Paul's contribution to MoneySupermarket's success should not be underrated. The financial management and control he instituted have been a vital factor in the Company's rapid growth. He has played a central role in creating MoneySupermarket's success."
A search for a successor is underway and a further announcement will be made in due course.
Darren Drabble
Company Secretary