Greg Ellis to become new CEO of Scout24 Group
- Dr. Martin Enderle switches to the Advisory Council after ten years at the helm of the corporation
- Greg Ellis: "Scout24 is internationally renowned for its outstanding growth potential. I am very much looking forward to boosting its growth and innovation further still."
Munich, 10 February 2014 – Greg Ellis will become the new CEO of Scout24 Group. The 51-year-old Australian, who currently successfully manages the real estate portals of the Australian REA Group in Europe, Asia and Australia, will take up office during the first half of 2014. Dr. Martin Enderle, current CEO of Scout24, has decided to switch to the Group's Advisory Council after ten years at the helm.
Dr. Martin Enderle, CEO of Scout24 Group, said: "Over the past decade we have built one of the most successful corporations in the European Internet segment. It is an achievement we are very proud of. After ten years at the top of the corporation, I am looking forward to serving the Scout24 Group in an advisory capacity during its next growth phase."
Greg Ellis, future CEO of Scout24 Group, said: "Scout24 is internationally renowned for its outstanding growth potential. I am very much looking forward to boosting growth and innovation further still. Together with our employees we will continue to drive the company towards world class standard in the interest of our customers."
Patrick Healy, vice president of Hellman & Friedman LLC, said: "Deutsche Telekom and Martin Enderle have developed the Scout24 Group into one of the strongest online platforms in Europe. Gaining Greg Ellis, one of the world's most reputable CEOs in the digital media segment, will enable the company to build on the success achieved by Martin Enderle and begin writing the next chapter in its growth story."
On 21.11.2013, Deutsche Telekom AG concluded an agreement with Hellman & Friedman LLP (H & F) on the sale of a 70 per cent share in the Scout24 Holding GmbH. The transaction is expected to be completed in the near future.
Scout24 is one of Europe's leading groups of companies for online market places. The six marketplaces of the Scout24 Group - ImmobilienScout24, AutoScout24, FriendScout24, FinanceScout24, JobScout24 and TravelScout24 - are present in 22 countries. As a strong partner, Scout supports its customers in important decisions, in particular in the fields of housing, mobility, partnership and finance. Every month, around 13 million Internet users place their confidence in the services provided by the Scout24 Group, which is a part of the Deutsche Telekom Group. Further information is available under www.scout24.com.
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