SEEK (ASX:SEK) share price on watch after naming its new CFO

The SEEK Limited (ASX:SEK) share price will be one to watch on Thursday after announcing the appointment of its new CFO…

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SEEK Share Price

The SEEK Limited (ASX: SEK) share price will be one to watch on Thursday.

This follows the announcement of further leadership changes in the c-suite this morning.

What did SEEK announce?

Hot on the heels of the appointment of Ian Narev as the company’s next Chief Executive Officer, the company has found its new Chief Financial Officer.

According to the release, SEEK has appointed Kate Koch as its new Chief Financial Officer. She will replace the outgoing Geoff Roberts when he retires at the end of June. Mr Roberts’ retirement was previously announced to the market in January.

Koch will join the SEEK Executive Team on 10 June 2021, reporting to Ian Narev.

SEEK’s new Chief Financial Officer

The release explains that Koch is currently the Chief Financial Officer of RMIT University, having held that role since 2017.

Prior to that, she had broad international experience as a senior finance executive in the retail, publishing, and media industries. This includes time as the Group Head of Finance & Performance at UK supermarket giant Tesco and also as the Chief Financial Officer of the Financial Times Group.

SEEK’s incoming CEO, Ian Narev, who is replacing the outgoing Andrew Bassat on 1 July, was very pleased with the appointment.

Mr Narev commented: “Kate has experience across multiple industries, geographies, and finance roles. She understands how to lead large finance teams in multinational businesses that operate in highly competitive markets.”

“Through this range of roles, she has distinguished herself as a caring and values-driven leader, who builds diverse, high-performing teams. She has been attracted by SEEK’s purpose and values, and by its growth potential. We feel very fortunate that she has chosen to join SEEK, to lead the committed and talented team that Geoff Roberts has developed,” he concluded.

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Motley Fool contributor James Mickleboro owns shares of SEEK Limited. The Motley Fool Australia has recommended SEEK Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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