OnTheMarket’s CFO resigns to pursue ‘another opportunity’

Clive Beattie has resigned as Chief Financial Officer of OnTheMarket to pursue “another opportunity”.

Clive Beattie

The Board has appointed Korn Ferry, an organisational consulting firm, to commence a formal recruitment process for a permanent replacement and to ensure an orderly handover.

Beattie will remain with OnTheMarket as Chief Financial Officer and a board director until Friday 27 January 2023.

Chris Bell, Chairman of OnTheMarket, commented:

“On behalf of the Board I would like to express our thanks to Clive for all that he has done for OnTheMarket, from supporting with our successful AIM listing in 2018, to becoming Acting CEO and ensuring OnTheMarket emerged from the Covid pandemic stronger, through to the launch of our new strategy.”

Jason Tebb, Chief Executive Officer of OnTheMarket, commented:

“I would like to personally thank Clive for his support since I joined the business 18 months ago and for helping to execute our strategy of becoming a tech-enabled property business. I wish him well for his future endeavours.”

Clive Beattie said:

“It has been a great pleasure working with the team at OnTheMarket and experiencing first-hand the evolution of the Group.

“I would like to wish Jason and the team all the very best for the future and look forward to watching their continued success.”

Beattie stepped into the Acting CEO position at OnTheMarket following the dismissal of Ian Springett in 2020.

EYE NEWSFLASH: Ian Springett is given notice to quit immediately by OnTheMarket

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3 Comments

  1. Ric

    The last month for Clive – January 2023

    The last month for how many EA’s locked into the 5 year IPO – February 2023

    I wonder if Clive predicts lots of “IPO EAs” leaving or saying give it me for free now for 5 years because I’ve subsidised the freebies for far too long!

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  2. AcornsRNuts

    What does the Chief FINANCIAL Officer know that nobody else does?

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    1. Ric

      Seems to be a sore subject, but I assume he looks at the total number of EAs whom in February 2023 can finally leave OTM after being forced to lock into an expensive 5 years contract back in 2018.

      Some, many or maybe just me, who feel like we have supported free memberships for many EAs who bang on about how anti RM they are, but never committed properly to AM in V1 and now we (or maybe just me) loath how different OTM is to what AM was meant to be.

      I’m not sure how many agents are locked in to the IPO 5 Year agreement, perhaps Prop EYE should find out and consider this as a story… they focused on Boomin’s d-day for free members to then start paying… but no mention ever of what will Feb 2023 look like for OTM when so many members can finally walk.

      The potential loss to their (OTMs) subscriptions must be masoof… and surely worthy of a story.

      Those agents close enough to me have suggested they too will be leaving OTM in Feb 2023… how many could it be?

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