People Moves: Rightmove Plc appoints Johan Svanström to succeed Peter Brooks-Johnson as CEO

Media Article (Reuters) - British real estate website Rightmove (RMV.L) has named Johan Svanstrom, an outsider with vast experience of growing established business-to-business enterprises to consumer online marketplace businesses, as its next chief executive officer.

In May, Rightmove said Peter Brooks-Johnson, its CEO of five years, would leave the company in February 2023 following the announcement of annual results.

A Swedish national based in the UK, Svanstrom, 50, joins Rightmove from global investment firm EQT where he was serving as a partner with its EQT Growth Advisory Team, the company said in a statement on Friday.

Svanstrom, who has also worked with U.S.-based online travel shopping company Expedia Group (EXPE.O), will join Rightmove on Feb. 20 as an executive director and CEO designate before assuming the top office on March 6.

Source: Reuters