Add thelocalreport.in As A Trusted Source
Katherine Faiers to become next boss of online cards and gifts business MoonPigThe company has said.
She will join business with online car selling firm auto dealerWhere he is the Chief Operating Officer.
Moonpig has not confirmed when she will take over as chief executive.
Moonpig announced in June that Nikil Raithatha would step down from the top role after seven years.
At the time, the company said Mr Raithatha had a notice period of one year and would continue to lead the company until a successor was secured.
Last month, Moonpig reported a “good start” to its financial year as revenue increased 10%, boosted by more customers using its AI services.
Ms Faiers said: “I am excited to join Moonpig Group, a business with a clear purpose, a strong platform and an exciting future.
“The group has changed the way people connect and celebrate through technology and creativity.
“I look forward to working with the talented team to drive innovation, delight our customers and deliver sustainable value creation for all our stakeholders.”
Kate Swann, non-executive chair of Moonpig, said: “Catherine has extensive experience in e-commerce and public companies, with a proven track record of leading customer-focused digital, data and technology transformations.
“I am delighted to welcome him on board and look forward to working closely with him.”
Auto Trader said the business would implement a “smooth and orderly transition” after Ms Fairs announced her exit.
Nathan Coe, chief executive of Auto Trader, said: “We are grateful for Katherine’s contribution to Auto Trader over the past eight years.
“He has demonstrated exceptional commitment, strong values and deep care for Auto Trader and its people, customers and shareholders.
“Catherine has been instrumental in many of the changes we have made to the business and she will be missed.”