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Trainline Share Price Soars 8% as Former eBay Executive Becomes COO

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Updated: 21 July 2020

Shares of Trainline PLC (LON: TRN) are trading more than 8% higher today after the firm appointed Jody Ford, an ex-eBay executive, as a new chief operating officer (COO).

After he left eBay, Ford acted as the CEO of personalisation firm Photobox. He is expected to join Trainline on September 21.

“We are proud to attract such talent to our senior management team which continues to be focused on championing more environmentally sustainable travel choices”, said Trainline’s chief executive Clare Gilmartin.

Trainline has created a COO position just recently with the aim of driving its growth strategy and performance. Ford is also expected to lead the commercial, marketing, product and tech divisions.

“I'm excited to be joining a technology company with so much potential for growth and a clear goal of making rail and coach travel easier for millions of people globally,” Ford added.

 Trainline share price soars on a new appointment July 2020

Trainline share price surged higher to erase gains from the last two trading sessions. Shares of the rail ticket website have fallen around 20% in the last two months.