Experienced E-commerce Leader Takes the Helm with £570,000 Salary
- Catherine Faiers appointed as Moonpig’s new CEO
- Faiers currently COO at Auto Trader Group
- Previous roles include COO at Addison Lee and corporate development director at Trainline
- Gross annual salary of £570,000 and 5% pension allowance based on base salary
- Bonus and LTIP opportunity at 150% and 250% of base salary respectively
- Eligible for life assurance and private medical insurance benefits
Moonpig has appointed Catherine Faiers as its new Chief Executive Officer (CEO), succeeding Nickyl Raithatha who will step down after seven years in the business. Faiers brings extensive experience in e-commerce and digital transformations from her previous roles at Auto Trader Group, Addison Lee, Trainline, and Close Brothers Corporate Finance. Her annual salary is set at £570,000 with a 5% pension allowance based on her base salary, along with a bonus and Long Term Incentive Plan (LTIP) opportunity of 150% and 250% of her base salary respectively. She will also receive life assurance and private medical insurance benefits. Moonpig’s non-executive chair, Kate Swann, expressed excitement about Faiers’ appointment, praising her background in customer-focused digital and technology transformations.
Factuality Level: 10
Factuality Justification: The article provides accurate information about Catherine Faiers’ appointment as Moonpig’s new CEO, her previous roles, and the details about her salary and benefits. It also includes quotes from Kate Swann, non-executive chair, expressing their confidence in Faiers’ abilities.
Noise Level: 5
Noise Justification: The article is mostly focused on announcing a new CEO appointment and providing details about their salary and benefits. It lacks in-depth analysis or exploration of the company’s performance or industry trends.
Financial Relevance: Yes
Financial Markets Impacted: The appointment of a new CEO can impact the company’s stock price and investor sentiment.
Financial Rating Justification: This article discusses the appointment of a new CEO for Moonpig, which is likely to have an effect on the company’s financial performance and may influence its stock price and investor sentiment. The change in leadership can potentially affect the company’s future direction and decision-making, impacting its financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.
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