REG - On the Beach Group - Board Changes

On Beach groupAnnouncement

12/12/2024 07:00

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RNS Number : 7676P  On the Beach Group PLC  12 December 2024

12 December 2024

 

On the Beach Group plc

("On the Beach" or the "Company")

 

Board Changes

 

On the Beach Group plc (LSE: OTB.L), a leading UK online retailer for beach
holidays, announces that David Kelly will step down from its board of
directors (the "Board") on 10 January 2025, having fulfilled his nine year
tenure as a Non-Executive Director. As a result of this upcoming change, the
Company is pleased to announce the appointment of Victoria Self to the Board
as an independent Non-Executive Director with effect from 3 February 2025.
Victoria will serve as a member of the Audit, Remuneration and Nomination
Committees. These Board changes follow a thorough succession planning exercise
and Non-Executive Director search led by the Nomination Committee.

 

Victoria has extensive experience working in digital and consumer facing
businesses, having held a variety of senior roles over her 25-year career.
Victoria is currently Managing Director of Player Experience at Entain plc, a
global digital gaming group, having joined in this role in 2023. Victoria
leads a 350 strong team and is responsible for substantial elements of the
customer digital experience including engineering, product and user
experience. Prior to this, Victoria spent two years as Chief Product Officer
at comparethemarket.com, having previously worked at Marks and Spencer Group
plc, Currys plc, Carphone Warehouse, Urban Outfitters and Mothercare plc.

 

Richard Pennycook, Chairman of On the Beach Group plc, commented:

"On behalf of the Board, I would like to thank David for his significant
contribution to On the Beach over the past nine years. David joined the Board
at the Company's IPO in 2015 and has supported the Executive team through
various industry and world changing events in that time. Everyone at On the
Beach wishes him well in his future endeavours.

 

I am delighted that Victoria will be joining the Board and that she has
selected On the Beach for her first Non-Executive Director role. Victoria has
gained senior management experience at some of the UK's leading digital and
consumer businesses and this expertise will be invaluable to On the Beach as
the team delivers on the Group's medium term ambitions."

 

Victoria Self said:

"On the Beach is a great business and I am really excited to join the Board at
this pivotal moment in the journey. I look forward to working with Shaun and
the executive team as the Group expands its proposition into cities and
significantly increases its addressable market."

 

Save as disclosed above, there are no further details required to be disclosed
pursuant to UK Listing Rule 6.4.8R in connection with Victoria's appointment.

 

For further information:

 

 On the Beach Group plc                  via FTI Consulting

 Shaun Morton, Chief Executive Officer

 Jon Wormald, Chief Financial Officer

 FTI Consulting                          Tel: +44 (0)20 3727 1000

 Alex Beagley                            onthebeach@fticonsulting.com

 Harriet Jackson

 Hannah Butler

 Lia Bevan

 

About On the Beach

 

On the Beach Group plc is one of the UK's largest online beach holidays
retailers, with significant opportunities for growth. Its innovative
technology, low-cost base and strong customer-value proposition provides a
structural challenge to legacy tour operators and online travel agents, as it
continues disrupting the online retail of beach holidays. Its model is
customer-centric, asset light, profitable and cash generative.

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