12
December 2024
On the Beach Group
plc
("On the
Beach" or the "Company")
Board
Changes
On the Beach Group plc (LSE: OTB.L),
a leading UK online retailer for beach holidays, announces that
David Kelly will step down from its board of directors (the
"Board") on 10 January 2025, having fulfilled his nine year tenure
as a Non-Executive Director. As a result of this upcoming change,
the Company is pleased to announce the appointment of Victoria Self
to the Board as an independent Non-Executive Director with effect
from 3 February 2025. Victoria will serve as a member of the Audit,
Remuneration and Nomination Committees. These Board changes follow
a thorough succession planning exercise and Non-Executive Director
search led by the Nomination Committee.
Victoria has extensive experience
working in digital and consumer facing businesses, having held a
variety of senior roles over her 25-year career. Victoria is
currently Managing Director of Player Experience at Entain plc, a
global digital gaming group, having joined in this role in 2023.
Victoria leads a 350 strong team and is responsible for substantial
elements of the customer digital experience including engineering,
product and user experience. Prior to this, Victoria spent two
years as Chief Product Officer at comparethemarket.com, having
previously worked at Marks and Spencer Group plc, Currys plc,
Carphone Warehouse, Urban Outfitters and Mothercare plc.
Richard Pennycook, Chairman of On the Beach Group plc,
commented:
"On behalf of the Board, I would
like to thank David for his significant contribution to On the
Beach over the past nine years. David joined the Board at the
Company's IPO in 2015 and has supported the Executive team through
various industry and world changing events in that time. Everyone
at On the Beach wishes him well in his future
endeavours.
I am delighted that Victoria will be
joining the Board and that she has selected On the Beach for her
first Non-Executive Director role. Victoria
has gained senior management experience at some of the UK's leading
digital and consumer businesses and this expertise will be
invaluable to On the Beach as the team delivers on the Group's
medium term ambitions."
Victoria Self said:
"On the Beach is a great business
and I am really excited to join the Board at this pivotal moment in
the journey. I look forward to working with Shaun and the executive
team as the Group expands its proposition into cities and
significantly increases its addressable market."
Save as disclosed above, there are
no further details required to be disclosed pursuant to UK Listing
Rule 6.4.8R in connection with Victoria's appointment.
For
further information:
|
On
the Beach Group plc
Shaun Morton, Chief Executive
Officer
Jon Wormald, Chief Financial
Officer
|
via
FTI Consulting
|
|
FTI
Consulting
Alex Beagley
Harriet Jackson
Hannah Butler
Lia Bevan
|
Tel: +44 (0)20 3727 1000
onthebeach@fticonsulting.com
|
About On the Beach
On the Beach Group plc is one of the
UK's largest online beach holidays retailers, with significant
opportunities for growth. Its innovative technology, low-cost base
and strong customer-value proposition provides a structural
challenge to legacy tour operators and online travel agents, as it
continues disrupting the online retail of beach holidays. Its model
is customer-centric, asset light, profitable and cash
generative.