Rightmove PLC has appointed Alison Dolan as Chief Financial Officer with effect from 7 September 2020.
Dolan was the Chief Strategy Officer at News UK from 2016 until May 2020, where she was at the forefront of the business’s digital transformation.
Before News UK, she held a number of senior positions at Sky plc, including Group Treasurer, Director of Finance and Deputy Managing Director of Sky Business.
Commenting on the appointment, Peter Brooks-Johnson, CEO, said:
“We are delighted to welcome Alison to Rightmove, with her extensive commercial and strategic expertise and a strong background in digital media services, Alison will be a valuable addition to Rightmove’s leadership team.
“I would also like to thank Georgina Hudson, Head of Finance, for stepping up as interim Finance Director and her invaluable support through our half year results.”
Dolan said “I am very excited to be joining Rightmove and am looking forward to working with the team in our quest to make home moving easier in the UK.”
Dolan’s service contract, remuneration and benefits will be made up of a base salary of £390,000, with a pro-rata 2020 bonus opportunity of up to 175% of salary (60% of which will be in deferred shares) and a pro-rata performance share award of up to 175% of salary.
In September 2019, a survey by Willis Towers Watson found that the median salary for a FTSE 100 company CFO was £566,000. The median maximum bonus opportunity as a percentage of base salary was 150%.
Rightmove’s turnover has risen from £192m in 2015 to £289m in 2019. Its pre-tax profit in 2015 was £137m, rising to £213m in 2019.