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Motorway, the UK used automobile market, has appointed Liz Kistruck, a former director at Expedia, as the corporate’s first chief monetary officer (CFO).
Kistruck joins from vogue expertise platform Lyst, the place she was CFO.
Previous to Lyst, Kistruck was at Expedia Group for 14 years and held numerous roles together with CFO for Motels.com, CFO for Expedia for Enterprise, in addition to senior vice chairman of world advertising and marketing analytics.
In these roles, she led massive, multinational groups by vital progress and transformation.
Motorway mentioned Kistruck brings the right mix of expertise, having led enlargement at each world-leading web corporations and smaller begin ups.
Tom Leathes, Motorway co-founder and chief govt Motorway, mentioned: “We’re thrilled to have Liz be part of the chief group at Motorway.
“We’re at a pivotal stage in our progress and Liz’s extremely related market and public markets expertise, sturdy values and centered strategy make her the right particular person for this position. I stay up for working intently with Liz to assist form the way forward for the enterprise going ahead.”
Kistruck added: “Motorway’s sustained progress over the previous few years is actually spectacular and I’m excited to affix the group at such an necessary stage within the journey.
“Working with Tom and the remainder of the administration group, I’m wanting ahead to being a part of main Motorway on the following part of its enlargement.”
Motorway noticed its gross sales greater than double yr on yr from £841m in 2021 to £1.7bn in 2022.
Motorway’s service matches folks promoting their automobile with automobile sellers trying to purchase inventory.
The corporate mentioned that “by eradicating the middlemen and bringing the method on-line, the platform delivers a greater deal for each side, with a extra environment friendly expertise, pushed by expertise”.
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