The outgoing chief govt of Rightmove is amongst a pack of contenders to turn into the following boss of Future, the Marie Claire and Wallpaper writer.
Sky News has learnt that Peter Brooks-Johnson, who will go away the property portal in March, has been shortlisted to succeed Zillah Byng-Thorne, the media group’s veteran chief.
Mr Brooks-Johnson is one in every of “several” names being thought of by Richard Huntingford, Future’s chairman, in accordance with an individual near the succession course of.
The identification of the opposite candidates was unclear this weekend, and one supply near Mr Brooks-Johnson stated it was unclear whether or not, if he was supplied the job, he would take it.
Future’s £1.8bn inventory market valuation, which has greater than halved within the final 12 months, is considerably smaller than that of Rightmove, which has a market capitalisation of £4.5bn.
Mr Brooks-Johnson has run Rightmove since 2017, having joined the corporate in 2006.
Last September, Future confirmed a Sky News report that Ms Byng-Thorne had notified colleagues that she supposed to step down in 2023.
Since then, she has been named chair-designate of Trustpilot, the net opinions platform.
Under her management, Future grew to become one in every of Britain’s largest listed digital media firms, buying belongings equivalent to GoCompare, the value comparability web site.
Initially appointed as finance chief in 2013, Future had a market capitalisation of simply £30m on the level that Ms Byng-Thorne took over as chief govt.
Future, which additionally publishes The Week, Country Life and FourFourTwo magazines, stated in a press release on Saturday that its “search process is ongoing and an appointment will be announced in due course as and when appropriate”.
Rightmove declined to remark.
One analyst stated Mr Brooks-Johnson was a logical contender to run Future due to his monitor report and digital experience.
Prior to becoming a member of Rightmove, he was a administration marketing consultant at Accenture.
He can also be on the board of Adevinta, a web based labeled promoting large listed on the Oslo Stock Exchange.
Source: information.sky.com”