Purplebricks CEO to step down
Purplebricks, the online estate agency firm, has said its chief executive Vic Darvey will be leaving the company due to personal circumstances.
As Darvey leaves Purplebricks at the end of March, Helena Marston, the group’s COO will become CEO from the 4th of April.
Purplebricks says Darvey has led the firm through”‘a period of considerable change, the Covid-19 pandemic and a business transformation”.
Darvey oversaw the exit from the group’s loss-making international operations as well s implementing a new operating model for the UK business.
Marston has worked closely with Darvey on the strategy and new business model as well as implemented a number of performance improvement initiatives.
Paul Pindar, chairman of Purplebricks said: “On behalf of the Board I would like to thank Vic for his leadership, energy and commitment to Purplebricks. He has guided the business during a period of considerable change and challenge, including building a strengthened senior leadership team focused on our tech-led growth. We understand and respect his personal reasons for leaving and wish him the very best in the future.”
“I am delighted to welcome Helena to the Board. Helena has shown impressive leadership since joining the Executive Leadership Team and been responsible for implementing a number of our strategic initiatives. I am confident she will drive the necessary performance improvements that are underway and deliver the growth ambitions of the Company.”
Darvey said: “It has been a privilege to lead this business over the last three years. While I am sorry to be leaving at this stage in the Company’s transformation, we have a great team in place and a clear plan which I have every confidence Helena will deliver. I wish everyone at Purplebricks a happy and successful future.”
Marston said: “I am excited to be given the opportunity to lead Purplebricks in the next phase of our journey. We have a fantastic brand and a great opportunity to accelerate our growth, providing the best experience for customers. I would also like to extend my best wishes to Vic and wish him well for the future. “
