Hemnet has announced that is has appointed former Rightmove CEO, Nick McKittrick to its board of directors this week. McKittrick, who had been CEO at Homegate.ch in Switzerland after leaving Rightmove in 2017, will move into a market where more relaxed lockdown measures mean that the housing sector has not been as fully paralyzed as elsewhere and some in-person viewing of properties can continue.
Hemnet is also making the following changes in its Board of Directors effective from today, May 6:
● Erik Olsson is leaving the Board following the disposal of Fastighetsmäklarförbundet’s shareholding in Hemnet Group AB in June 2019.
● Henrik Persson is stepping down as Ordinary Board Member but staying on the board as Deputy Board Member, replacing Marta Suarez who is leaving the Board
We saw on Monday that ShweProperty in Myanmar made some changes at board level, and It seems that several companies are using this time of decreased demand to make changes to their management.