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OnTheMarket CFO Beattie steps down from property site

·2-min read
OnTheMarket is majority owned by estate agents  (OnTheMarket.com)
OnTheMarket is majority owned by estate agents (OnTheMarket.com)

The chief financial officer (CFO) of OnTheMarket the online property platform Clive Beattie has stepped down from his post to pursue “another opportunity”.

The board of the group has appointed consulting company Korn Ferry to start a formal recruitment process for his permanent replacement and Beattie will remain with OnTheMarket in his current post until the end of January next year  to ensure an orderly handover to his successor.

Jason Tebb, CEO of OnTheMarket, said: “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.”

Tebb was announced boss of OnTheMarket in September 2020.  He had previously held senior roles at estate agents including Chestertons and Foxtons. OnTheMarket’s former chief Ian Springett had left the the business and Beattie had taken the role of acting boss.

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.

Chris Bell, chairman of OnTheMarket, added: “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.”

Last October Tebb told the Standard that he was seeing “anecdotal” evidence of pandemic movers returning to leafy postcodes in places like south London and Twickenham, as those who had fled London for more space began to creep back into the capital, a prediction that turned out to be uncannily accurate.

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