UK's Trustpilot names The Economist Group's Marcus Roy as CFO
24/03/2026 08:00
March 24 (Reuters) - Trustpilot TRST.L has appointed The Economist Group CFO Marcus Roy as its new finance chief on Tuesday, as the online review platform contends with increased scrutiny following accusations by a short-seller and a recent fine from an Italian regulator. Here are some details: Roy will join Trustpilot board on September 14 and replace Hanno Damm, who is stepping down after more than a decade with the online review platform. Roy has served as CFO of The Economist Group since 2021, where he led financial strategy through its transition to a digital-first, subscription-led model. Before that, he was group financial controller at Associated British Foods ABF.L and spent 14 years in senior finance roles at Dixons Carphone and Carphone Warehouse. Italy's competition regulator on Monday fined Trustpilot and its units 4 million euros ($4.64 million) for inadequate review checks and misleading consumers. Trustpilot said it "strongly disagrees" with the findings and shall appeal. Last December, short seller Grizzly Research accused the company of creating fake profiles that gave negative reviews and then pressuring companies to pay for subscriptions. Trustpilot denied the allegations. ($1 = 0.8622 euros) (Reporting by Nithyashree R B in Bengaluru; Editing by Sherry Jacob-Phillips) ((NithyashreeRB@thomsonreuters.com))