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7th January 2013

Joe Cohen steps away from CEO role at Seatwave

It's all change at Seatwave with a mass exodus of senior staff

Joe Cohen, the founder and chief executive of the ticket reselling website Seatwave, has stepped down as chief executive with the company. Mr Cohen founded the company in 2006, will step back from day-to-day operations, but will remain at the company as non-executive chairman.

Louise Mullock, the group’s chief marketing officer, will become interim chief executive while Mr Cohen leads the hunt for his full-time successor.
“It’s time for a new chapter for me personally, I feel the business is in great shape, with a great team, and I would like to step back and think about the rest of my life.”
Joe Cohen
Joe Cohen’s move comes after a string of senior exits at Seatwave, including marketing director James Hamlin, who left in December and Chris Willis, the group’s sales director, who will leave in the second half of January.

Acquisition rumours have dogged the group, but a sale or even a float are some way in the future. “We have venture investors in the business and they need a return at some point,” said Mr Cohen. “We don’t have anything cooking right now. We’re always talking to folks.”

Michael Stephanblome, who previously worked at Ebay and Gumtree, the listings website, will join the board as an independent non-executive director.

 
Your Ratings & Comments
1 comment
Mass exodus?
Written by nancyhaven | 17th May 2013
Two senior members of staff left. Hardly a mass exodus
Joe Cohen steps away from CEO role at Seatwave
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