Shares in Trustpilot Group plc rose today after it announced an addition to its board.
John-Paul Savant, who is stepping down as CEO of listed Auction Technology Group after a decade in the role, will become a non-executive director from May.
Before ATG, Savant built 20 years of experience in digital marketplaces and commerce.
He spent almost 10 years at eBay/PayPal, serving in a number of leadership roles, latterly as PayPal’s vice president of product, experience and consumer engagement for EMEA.
He then held the role of CEO of Think Finance UK.
Shares in Trustpilot are currently at 259 pence (writing at 4pm) having climbed 3% in trading today. They are up a huge 67% in the year to date.
ATG owns 10 marketplaces and connects auction houses with bidders globally. It also announced its half-year results yesterday.
The London-listed firm recently rejected a remarkable 12 hostile takeover bids from its largest shareholder FitzWalter Capital, the latest for £491 million.
On Savant’s departure, chair Scott Forbes commented: “On behalf of the board, I would like to extend our appreciation to John-Paul for his tenure during which he architected the combination of brands serving curated secondary goods markets in the arts & antiques and industrial & commercial goods segments.
“He has built a capable team and ATG has a solid foundation of buyers and sellers and an increasingly robust platform for the development of uniquely efficient online marketplaces serving auction and list price buyers and sellers.”
Savant said: “It has been a pleasure to lead ATG for over the last 10 years, taking the group from revenue of c.$20m to around $250m in FY26 through building leading marketplace brands.”