Online estate agent, Yopa, has announced that its CEO, Ben Poynter, will stand down from the position later this month.
Former Countrywide CEO Grenville Turner, will lead the search for Poynter’s replacement, and his departure follows a successful completion of fundraising resulting in the agency securing £16m of additional investment.
A spokesperson from Yopa said: “Since taking over as CEO Ben has led the business through a period of substantial change, improving the financial performance of the business and laying the foundations for the future success and growth of the company.”
Previously the agency’s financial officer, Poynter succeeded Daniel Attia as CEO last year, who founded the business in 2014, at the age of 23.
Commenting on his departure, Poynter said: “I’m proud to leave the business with strong foundations to build on and am confident that Grenville Turner, a seasoned executive in the property sector, will help Yopa appoint a new CEO to lead Yopa through its next phase of growth in the coming months.”
Turner added: “Ben has made a huge contribution to the business, turning a young start-up company into a professionalised outfit with clear strategic direction and a culture that we are all proud of.
“On behalf of the board, I would like to thank him for his dedication and professionalism and wish him the very best for his future endeavours.”