Moonpig Group plc (LON: MOON) announced the appointment of Catherine Faiers as its new Chief Executive Officer, effective on a date to be announced.
Faiers succeeds Nickyl Raithatha, who is stepping down after seven years at the helm.
Faiers joins Moonpig from Auto Trader Group plc, where she served as Chief Operating Officer. Her previous roles include Chief Operating Officer at Addison Lee, Corporate Development Director at Trainline, and a Director at Close Brothers Corporate Finance.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Her extensive background in e-commerce and digital transformation is expected to be a key asset for Moonpig.
Kate Swann, Non-Executive Chair, highlighted Faiers’ experience, stating, “Catherine brings a wealth of experience in e-commerce and public companies, with a proven track record of leading customer-focused digital, data, and technology transformations.”
Faiers herself expressed enthusiasm about joining Moonpig, stating, “I’m excited to be joining Moonpig Group, a business with a clear purpose, a strong platform and an exciting future…I look forward to working with the talented team to drive innovation, bring joy to our customers and to deliver sustainable value creation for all of our stakeholders.”
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YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY