20th Oct 2020 09:46
(Alliance News) -Â Trainline PLC on Tuesday said Chief Executive Clare Gilmartin will step down at the end of February 2021.
Shares in the train and coach ticketing platform were down 9.0% at 303.20 pence in morning trade in London, making the stock the worst performer in the FTSE 250 on Tuesday.
Gilmartin will be succeeded by Chief Operating Officer Jody Ford. Ford was previously CEO at Photobox Group, encompassing the Moonpig and Photobox brands, and led global growth at eBay Inc.
Though she is stepping down as CEO, Gilmartin will remain involved in the business as a senior advisor.
"The decision to step down next year is a personal one; after seven years at the helm the time has come for me to spend more time with my family. I am immensely proud of our progress over the last several years - including driving the advancement of digital ticketing and the customer shift online, our international expansion and our track record for meeting and exceeding expectations, particularly in our first year as a public company," said Gilmartin.
By Lucy Heming;Â [email protected]
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