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Moneysupermarket.com founder steps down as chief executive officer

The founder of Moneysupermarket.com is stepping down as chief executive officer to take on a new role as executive deputy chairman.

Nixon, who founded the price comparison web site in 1993, will now focus on strategic innovation and development.

Peter Plumb, currently managing director of moneysupermarket.com’s financial services business, will now take up position of chief executive officer, and will be appointed to the board of the Group as an executive director with effect from January 1, 2009.

Nixon says: “I have loved creating and building moneysupermarket.com over the past nine years and I intend to remain actively involved with the Group for the foreseeable future.”

Moneysupermarket.com chairman of the board Gerald Corbett says: “Simon founded moneysupermarket.com and has built it into what it is today. His is a fabulous entrepreneurial achievement and we look forward to working with him in his new role as executive deputy chairman and continuing to leverage his vision and energy in the further growth of the business.”

The Group is also appointing two further executive director. Graham Donoghue, managing director of travelsupermarket.com, will join the board as an executive director in February 2009, and David Osborne, currently regional general manager UK at easyJet, will join the Group as marketing director in March 2009.

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