May 9 (Reuters) – British real estate portal Rightmove Plc (RMV.L) said on Monday its chief executive officer, Peter Brooks-Johnson, would step down from the board and exit the company next year, after more than 16 years with the FTSE 100 firm.

Brooks-Johnson, 49, will stay at the helm till the announcement of the company’s annual results in February, Rightmove said in a statement.

“Under Peter’s leadership Rightmove has helped make home moving easier and with a robust strategy and very strong team; the company is well placed to pursue the opportunities ahead,” Chairman Andrew Fisher said.


Rightmove said in February its 2021 profit surpassed pre-pandemic levels, adding that it expected transaction levels to stay strong, brushing aside any concerns around a slowdown in the market. read more

The London-headquartered firm, which said its board would now start the process to identify Brooks-Johnson’s successor, reiterated its expectations for fiscal year 2022.

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Reporting by Aby Jose Koilparambil in Bengaluru;

Editing by Vinay Dwivedi

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