Scout24 Expands Management Team
Berlin / Munich, 19 October 2015 - Scout24 AG (“Scout24”) has expanded the management team further. As of October 1st Richard Durnall (36) has taken on the freshly created position of CTO (Chief Technology Officer). He is responsible to CEO Gregory Ellis. At the same time, Dr. Michael Bütter (45) has taken up the position of Senior Vice President Legal/General Counsel and will be reporting to CFO Christian Gisy. He thus succeeds Hilke Herchen (40), partner at CMS Hasche Sigle, who had been acting as Senior Vice President ad interim for Scout24 since February 2015.
Richard Durnall has extensive experience in technology and, in the role of CTO, will be significantly advancing the technical capabilities and innovation behind Scout24’s services. Before joining Scout24, this internationally experienced manager was Senior Vice President of Engineering at SoundCloud, the world’s largest social audio platform. Previously, Richard was Chief Technology Officer for the REA Group and a Principal Consultant for ThoughtWorks, a leading global technology consultancy.
“With Richard Durnall, we are gaining a proven technological expert. I am sure that he will significantly contribute to developing Scout24 further as a high-performance digital company and am very happy to be working together with him again”, says Gregory Ellis, Scout24 CEO.
Before joining Scout24 Dr. Michael Bütter was the Chief Investment Officer, Chief Legal Officer, CCO and representative of the principal shareholder of the Ferrostaal Group. As a Member of the Management Board he was responsible for M&A, Legal, Compliance as well as operational projects and the successful exit. Previous to this Bütter was for six years a Member of the Executive Committee, General Counsel and CCO at the DAX company Deutsche Annington Immobilien SE (presently “Vonovia SE”). In this context he also led the company’s stock market flotation in 2013. Before this he was a partner at the international law firm Lovells LLP (presently “Hogan Lovells LLP”), among others.
Christian Gisy: “I am glad that, with Michael Bütter, we can build on the knowledge of a distinguished manager and General Counsel who, with his variety of competencies and wide-ranging experience, will continue to lead Scout 24’s legal affairs with great competence. At the same time, in the name of the whole management team, I would like to thank Hilke Herchen who has successfully run this department and, in particular, been responsible for the legal aspects of the IPO.”
Scout24 operates leading digital classifieds platforms in Germany and other selected European countries. The main operations under the umbrella brand Scout24 are the digital marketplaces ImmobilienScout24 and AutoScout24. ImmobilienScout24 is the leading digital real estate classifieds platform in Germany, based on consumer traffic and time spent as well as customer numbers and listings. AutoScout24 is a leading automotive digital classifieds platform in Europe, in terms of unique monthly visitors and listings. Scout24’s digital marketplaces are empowering people to realise their property and car-owning dreams simply, efficiently and stress-free. Further information is available at www.scout24.com
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