OnTheMarket names Jason Tebb as CEO
OnTheMarket
109.00p
16:50 11/12/23
Property portal operator OnTheMarket appointed Jason Tebb to the role of chief executive officer on Tuesday, relieving acting CEO Clive Beattie.
FTSE AIM All-Share
745.67
17:08 19/04/24
Media
11,718.72
17:10 19/04/24
OnTheMarket said Tebb, chief operating officer of Ultimate Holdings, would take over from Beattie on 14 December, at which time the interim CEO will return to his normal role as chief financial officer.
On the operational front, the AIM-listed group said it was continuing to set new records, with the company generating over 2.0m leads, with an average of 148 leads per advertiser. Visits increased to 27.5m for the month while advertisers grew to approximately 14,000.
Chairman Christopher Bell said: "Following the recent delivery of continued growth in advertiser numbers, record leads for the second month in a row in July and increasing portal traffic, and with a strong management team in place, I continue to have confidence that OnTheMarket will deliver long term value to agents and all of our stakeholders."
As of 0905 BST, OnTheMarket shares were up 1.06% at 90.95p.