Purplebricks Group PLC (LON:PURP) has said Andrew Botha will take over as chief financial officer of the estate agent from 11 May, replacing current CFO James Davies who has said he will resign from 8 May.
Botha will join the AIM-listed firm from online travel group Secret Escapes, having also previously served as CFO of digital media group ZPG, which owns brands including property site Zoopla and comparison site uSwitch.
READ: Purplebricks forecasts full-year revenues ‘below expectations’ as coronavirus rattles housing market
“On behalf of the Board I would like to thank James for his hard work and dedication during his tenure at Purplebricks. We wish him the very best with his future endeavours”, said Purplebricks chairman Paul Pindar.
“I am delighted to welcome Andy to the Board as Chief Financial Officer. Andy has a remarkable track record in growing digital businesses, and I look forward to working with him and the executive management team to execute Purplebricks’s strategy”, he added.
Shares in the company were 3.3% higher at 35.5p in early deals on Friday.