EYE NEWSFLASH: Purplebricks confirms appointment of new chief Helena Marston

Helena Marston
Helena Marston

Online estate agent Purplebricks has this afternoon confirmed the appointment of Helena Marston as its new chief executive officer.

Marston was due to start as chief executive on 4 April, but her appointment was delayed, subject to due diligence checks, which have now been completed.

In accordance with AIM rules, Marston, 39, disclosed that she voluntarily declared herself bankrupt in September 2014 owing approximately £103,000 to creditors. This was discharged in September 2015.

Additionally, it was revealed that Marston holds options over 1,983,282 ordinary shares of 1p each in the Company under the Purplebricks Performance Share Plan at an exercise price of 1p per share.

Marston, previously the company’s chief operating officer, takes over from Vic Darvey.

She previously held several senior HR roles at Virgin Media, Kuwait Energy, Jaguar Land Rover and Vodafone.

Paul Pindar, chair of Purplebricks, said: “I am delighted to welcome Helena to the Board as chief executive and I have every confidence that she is the right person to lead the Company.

“She has already shown great leadership and character during her two-year tenure and I look forward to working with her to deliver our growth plans.”

 

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8 Comments

  1. paul836

    Never listed a house in her life… the people that keep backing this firm!?! The Bruce brothers walk away with millions for never making a profit, I’m sure vic walked away with a fortune and now this. Running this company is better than being a sacked premier league manager!!

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  2. stephen spencer

    PB must possibly be loosing money hand over fist , almost zero TV advertising now , which must have cost millions in the past, the brand is established (tick box) but the service is shocking . have you ever tried buying a house through PB , an absolute nightmare !! There is little or no personal contact with a human being – old school and baby boomers locked out of PB’s way of doing business as they are not computer literate, PB is frustrating to deal with

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  3. Gangsta Agent

    how on earth do i get on the PB gravy train, you could not make this **** up

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  4. aSalesAgent

    So she can now afford to pay back the people/businesses she owed money to?

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  5. grantlance

    1p a share, thats good of them to offer her shares in the business at the going rate come 2023.

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  6. John Wathen

    Previously bankrupt, no Estate Agency experience whatsoever?, – sounds wildly overqualified to run the Bruce’s Horlics of a disastrous company. Amateurs, the lot of ’em, another Boomin’ disaster!

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  7. AgentQ73

    HR background, sounds like they are anticipating big problems on the HR front. Wonder if it’s down to the impending class action or more stuff to come out the woodwork.

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  8. Gangsta Agent

    Paul Pindar, chair of Purplebricks, said: “I am delighted to welcome Helena to the Board as chief executive and I have every confidence that she is the right person to lead the Company, oh and the pretty purple mushrooms in the woods taste lovely fried, now where’s my unicorn friend !
     

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