Grünwald, Germany – 03 July 2023 – AutoScout24, the largest pan-European online car marketplace, announced today the appointment of Peter Brooks-Johnson as Chief Executive Officer.
Mr Brooks-Johnson is an accomplished senior executive with a track record of successfully scaling digital businesses and with deep online classifieds experience. He is joining AutoScout24 after a 16-year career at Rightmove, a FTSE 100 company and UK’s leading real estate portal, where he was the Chief Executive from 2017 until February 2023. During his tenure, the company’s valuation grew from £335m to over £4.5bn.
Peter Brooks-Johnson said “I am excited to join a fast-moving company with such a healthy track record of innovation. AutoScout24’s strong positions across several European countries puts us in a unique position to continue to innovate and deliver exceptional value and choice to dealers and car buyers alike. I look forward to working with the AutoScout24 team and our customers to help dealers unlock more value from the fast-changing world of car buying.”
Mr Brooks-Johnson will commence the role on August 1st and succeed Edgar Berger who will become an advisor to the Board and remain a significant shareholder.
On the appointment of Mr Brooks-Johnson, Blake Kleinman, partner at Hellman & Friedman and Chairman at AutoScout24, noted, “As AutoScout24 enters its new phase of growth, we are excited to welcome Peter to the helm. Beyond his strong classifieds experience, he brings proven product, marketing and go-to-market expertise that will enable the company to launch innovative services for the benefit of our consumers and dealers.”
About AutoScout24
With around 2 million vehicle advertisements, around 30 million users per month and more than 43,000 dealer partners, AutoScout24 is the largest pan-European online car market. In addition to Germany, the AutoScout24 Group is also represented in the core European markets of Belgium, Luxembourg, the Netherlands, Italy, France, Austria, Norway, Denmark, Poland and Sweden. As a comprehensive marketplace for mobility, AutoScout24 makes targeted investments in the growth areas of leasing, car subscriptions, electric mobility and online car purchases. With AutoScout24 smyle, the marketplace enables its users to buy vehicles completely online – free of charge and ready-to-drive delivered right to their front door. The leasing specialist LeasingMarkt.de has also been part of the AutoScout24 Group since 2020 and the B2B auction platform AUTOproff since 2022. Together, the marketplaces are driving the digitization of the European car trade significantly.
More information on www.autoscout24.de.
