Just Eat poaches Plumb to be new CEO

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Sharecast News | 06 Jul, 2017

17:18 28/02/20

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Just Eat has appointed Peter Plumb as its new chief executive, following the death of previous boss John Hughes.

Plumb, who stepped down as CEO of Moneysupermarket.com Group after eights years in May, will pick up the reins from chief financial officer Paul Harrison, who has filled in on an interim basis and will now return to his normal role.

Hughes passed away in June, having stepped down in April to undergo medical treatment.

At Moneysupermarket, Plumb led the acquisition of MoneySavingExpert.com and oversaw a six-fold increase in the Plc's share price.

Prior to Moneysupermarket, he was UK managing director of Tesco's Dunnhumby, Europe general manager for Disney consumer products, and international director of Dyson.

He is also a non-executive director of The Co-operative Group Limited.

Andrew Griffith, Interim Chairman of Just Eat, said: "Peter has an excellent track record of creating value for shareholders in high growth consumer digital businesses. His passion for customers and innovation, as well as his international experience in driving brands, and proven capability to retain, deepen and build senior management teams, made him a standout choice for the Board. Just Eat is the leading company in its sector and Peter's expertise will ensure we continue to build on this platform.

Griffith praised Harrison for ensuring the company "maintained its positive trajectory during the interim period".

Said Plumb: "I'm delighted to be joining Just Eat at such an exciting time. The talented team has built an innovative service into a truly international platform with clear leadership positions in many markets around the world. I look forward to working with the Just Eat family of employees and restaurant owners to help more people around the world enjoy the food they love, wherever they are and whenever they want."

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