Categories: Economy

On-line property agent Purplebricks rents Mitchell as interim chief


Purplebricks, the web property agent owned by Sir Charles Dunstone, considered one of Britain’s most prolific entrepreneurs, has parachuted in an interim chief govt 18 months after it delisted from the London inventory market.

Sky Information has learnt that shareholders in Strike, Purplebricks’ father or mother firm, have been notified this week that Stuart Bartlett, a former automotive trade govt, has been appointed to the position.

Strike is owned by Freston Ventures, Sir Charles’s funding car.

It swooped to purchase Purplebricks in June 2023 for simply £1, reflecting the disaster which had engulfed the distinguished digital property agent.

He replaces Sam Mitchell, who stepped down on the finish of final 12 months.

In keeping with the replace circulated to buyers, Strike govt chairman Andrew Harrison – a long-standing colleague of TalkTalk and Carphone Warehouse co-founder Sir Charles – has additionally made numerous different senior appointments.

These embody a brand new nationwide gross sales director and interim group finance chief to switch Deepak Jayaprakash, its former chief monetary officer.

Tons of of jobs have been reduce at Purplebricks because the takeover in 2023.

The corporate couldn’t be reached for remark.

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