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RNS Number : 2529E Purplebricks Group PLC 27 October 2022
Purplebricks Group plc
("Purplebricks", the "Company" or the "Group")
Directorate Changes
Purplebricks appoints a new Chief Financial Officer
Purplebricks, the UK's leading tech-led estate agency, is pleased to announce
the appointment of Dominique Highfield as Chief Financial Officer. Dominique
will join Purplebricks and the Board with effect from 1 November 2022.
Dominique joins Purplebricks with 15 years' experience in finance including at
Sainsbury's, Amazon and, most recently, as Director of Finance at Pentland
Brands, the large privately-owned business housing well-known retail brands.
She qualified as a Chartered Accountant whilst at PwC.
Steve Long will step down from his role as Chief Financial Officer and the
Board with effect from 1 November 2022. He will remain with the business until
the end of November to support the transition.
Commenting on the appointment, Paul Pindar, Chairman, said:
"On behalf of the Board I would like to thank Steve for his contribution and
supporting Helena as she transitioned into the CEO role. We wish him the very
best with his future endeavours. I am delighted to welcome Dominique to the
Company as Chief Financial Officer. Dominique brings strong and relevant
financial and strategic experience alongside a commercial attitude and an
energy and determination that aligns with Helena's. I believe the partnership
between Helena and Dominique is exactly what Purplebricks needs to create a
better, sustainable performance."
Helena Marston, Chief Executive Officer, said:
"I am excited to welcome Dominique to Purplebricks. Dominique is a seasoned
financial executive and is well-equipped to work with our senior executive
team to help us return to sales growth and gross margin improvement at pace.
Dominique has a reputation for being a strong, 'hands on' organisational
leader and an excellent collaborator with commercial teams. I thank Steve
for all the support he has given me since I became CEO and I wish him the very
best for the future."
Dominique Highfield, said:
"I am proud and inspired to be joining Purplebricks. I believe the brand's
offering to consumers is incredibly relevant and much needed during the
current climate, and that we can make a real difference to real people. Helena
and I share high aspirations for the performance of the business. I am
excited by the calibre, commitment and customer-focused culture within the
Purplebricks team, along with the clarity of Helena's plan.
I look forward to bringing my commercial finance experience to the Board and
Executive Leadership Team. I am passionate about leading the finance function
through the business' next chapter of growth, making sure finance has a
pivotal seat at the table - influencing sustainable cash and profit growth."
Background on Dominique Highfield
Dominique Highfield (previously Lucas-Lucas) (age 37) is a Chartered
Accountant who has worked in multiple commercial finance roles across key
consumer brands and tech disruptors including Sainsbury's, Amazon and Pentland
Brands.
As Director of Finance and a Board Member at Pentland Brands, Dominique led
Global Finance in one of the UK's largest privately-owned businesses. During
the pandemic she led significant transformation to improve the underlying
health of the business.
She holds or has held the following directorships or partnerships in the past
five years:
Current Last five years
None Pentland Brands Greenhouse Limited
Red or Dead Limited
Pentland Brands Overseas Agency Limited
Speedo International Limited
Airborne Footwear Limited
Boxfresh International Limited
Canterbury of New Zealand Limited
Pentland Brands Limited
Mitre Sports International Limited
Ellesse Limited
First Retail UK Limited
Pentland Brands UK Distribution Limited
Canterbury Limited
Berghaus Limited
Kangaroos International Limited
Pentland Industries Limited
Dominique does not hold any shares in the Company.
The information above is disclosed in accordance with Rule 17 and paragraph
(g) of Schedule 2 of the AIM Rules for Companies.
Save as disclosed above, there are no further disclosures to be made in
accordance with Rule 17 or Schedule 2(g) of the AIM Rules for Companies.
For further information, please contact:
Purplebricks
Helena Marston, Chief Executive Officer
Peter Hewer, Director of Corporate Affairs
Fiona O'Nolan, Equitory, Investor
Relations investors@purplebricks.com
(mailto:investors@purplebricks.com)
Zeus (Nominated Adviser and Broker)
Jamie Peel, Andrew Jones, James Hornigold (Investment Banking)
+ 44 (0)20 3829 5000
Ben Robertson (Corporate Broking)
MHP Communications
Alan Tovey
+44 (0)7833 437044
About Purplebricks
Purplebricks is a leading technology-led estate agency business, based in the
UK. Purplebricks combines highly experienced and professional Local Property
Partners and innovative technology to help make the process of selling,
buying or letting more convenient, transparent and cost effective.
Purplebricks shares are traded on the London Stock Exchange AIM market.
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