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Ann Louden’s Legacy

first_imgWelcome TCU Class of 2025 Facebook Linkedin Etiquette Dinner teaches valuable skills to Chancellor’s Scholars Linkedin Previous articleRifle headed to 11th straight NCAA ChampionshipsNext articleDashiki shows African culture on TCU’s campus Makenzie Stallo RELATED ARTICLESMORE FROM AUTHOR Facebook ReddIt World Oceans Day shines spotlight on marine plastic pollution Makenzie Stallo Twitter Makenzie Stallohttps://www.tcu360.com/author/makenzie-stallo/ Ann Louden at a Frogs for the Cure event (photo courtesy of Victoria Reneau). Twitter Students help elders “Cycle Without Age” TCU places second in the National Student Advertising Competition, the highest in school history print Makenzie Stallo is a senior journalism major and French minor from Denton, Texas. She currently serves as a line editor. + posts Makenzie Stallohttps://www.tcu360.com/author/makenzie-stallo/ ReddIt Makenzie Stallohttps://www.tcu360.com/author/makenzie-stallo/ Makenzie Stallohttps://www.tcu360.com/author/makenzie-stallo/ Ann Louden leaving TCU, heading to Adelphi University in NY Final Frogs for the Cure celebration honors 12 years with Ann Loudenlast_img read more

Alex Chesterman steps down as CEO of Zoopla parent company ZPG

first_imgZoopla co-founder Alex Chesterman has stepped down from his position as CEO of parent company ZPG following its purchase by US equity firm Silver Lake Partners in July.Unusually for such a large company, no successor has been named yet.Chesterman will no longer be involved in the day-to-day running of the company from the end of September but will remain a board member, shareholder and advisor.The serial entrepreneur no longer needs his CEO’s salary. In 2014 he made £27.5 million following ZPG’s stockmarket flotation and later sold shares worth £25 million. He holds additional share options in ZPG worth £63 million.Chesterman’s departure from the helm of his £300m turnover company has been expected within the industry since Silverlake hoovered it up for £2.2 billion.No.2 portalThis was the end-game of Chesterman’s ZPG journey, which kicked off in 2007 when, armed with several million pounds he had earned from the sale of DVD movie business Love Film, he set out to create a No.2 in the portal market.His strategy was a simple one – establish a new portal brand but then buy up all the small and large competitors to Rightmove to gain market share.This included Think Property and Propertyfinder as well as, five years ago, his break-through deal with the Daily Mail General Trust to acquire its portals PrimeLocation and FindaProperty.It was also Chesterman’s idea to turn Zoopla into a horizontally integrated group of companies each involved in the purchase, letting or management of a home and the running of estate agency businesses.He also ran ZPG in a relatively unusual way during the early days via a flat management structure which enabled the company to move quickly.Chesterman’s increasing level of angel investment in dozens of start-ups including Fuel, Carwow and Secret Escapes recently has pointed to his imminent departure, as has his purchase of a second holiday home on the Palm Beach seafront in Florida next to his existing one.“After ten years of developing and growing ZPG into a multi-billion pound market-leading business, now is the right time for me to step down as CEO,” he says.“I am incredibly proud of what the team has achieved, having transformed the markets we operate in for both our consumers and partners.”  Alex Chesterman Zoopla ZPG September 7, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Marketing » Alex Chesterman steps down as CEO of Zoopla parent company ZPG previous nextMarketingAlex Chesterman steps down as CEO of Zoopla parent company ZPGEleven years after establishing the No.2 property portal in the UK the OBE holding serial entrepreneur is to focus of his ‘other investments’.Nigel Lewis7th September 201803,625 Viewslast_img read more