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IN BRIEF: OnTheMarket says CFO resigns to ‘pursue another opportunity’

ALN

OnTheMarket PLC - Aldershot, England-based property search portal operator - Says Clive Beattie has resigned as chief financial officer to ‘pursue another opportunity’. OnTheMarket says Beattie will remain with the company as CFO and board director until January 27 next year to ensure an orderly handover. Beattie joined the business in March 2017, having spent 12 years working in investment banking with UBS prior to working at security technology business ThurVision for six years.

Chair Chris Bell says: ‘On behalf of the board, I would like to express our thanks to Clive for all that he has done for OnTheMarket, from supporting with our successful AIM listing in 2018, to becoming Acting CEO and ensuring OnTheMarket emerged from the Covid pandemic stronger, through to the launch of our new strategy.’

OnTheMarket has appointed Korn Ferry, an organisational consulting firm, who has started the formal recruitment process for a new CFO.

Current stock price: 91.25 pence, down 1.4%

12-month change: down 8.8%

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