UPDATE 2-Rightmove CEO to leave next year, shares fall [Reuters]
RIGHTMOVE PLC UNSP/ADR (RTMVY)
NASDAQ:AMEX Investor Relations:
plc.rightmove.co.uk/investors
Company Research
Source: Reuters
Rightmove CEO to leave next year, shares fall By Aby Jose Koilparambil 2 Min Read (Reuters) - British real estate website Rightmove Plc said on Monday Peter Brooks-Johnson, its chief executive officer of five years, would leave the company next year, sending its shares nearly 6% lower. Under Brooks-Johnson’s leadership, London-based Rightmove cemented its dominant position in the market, offering steep discounts to agency and new-home customers during the early days of the pandemic. “With Rightmove progressing well on its mission to make home moving easier and our strong trading from 2021 continuing into 2022, I have decided it is an appropriate time to seek a new challenge,” Brooks-Johnson said. The 49 year-old will remain CEO of the company, which runs Britain’s No.1 real estate portal, until its annual results in February next year, the company said. He joined Rightmove in 2006 and became its chief operating officer in 2013 before he was promoted to top role in 2017. Liberum analy
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