Mark Goddard, managing director of property at Zoopla’s parent company ZPG, is to leave the business.
Goddard, who is head of both Zoopla and ZPG’s property software businesses, has been in his role for just under two years, having previously worked as chief executive of the Property Software Group, which is also owned by ZPG.
He will leave in early May, staff were told late this afternoon.
Goddard will be replaced by Charlie Bryant, currently MD of Hometrack, who will take over as MD of the combined property marketing, software and data division.
A spokesperson for ZPG said: “Mark joined the business in 2016, as part of the acquisition of Property Software Group (PSG), and we are grateful for his hard work and support during the integration of PSG into the wider ZPG business.”
Meanwhile, a top investor and non-executive director of Zoopla’s parent company ZPG has bought shares in the business worth nearly £200,000.
Kilda Investments, a business associated with Robin Klein, made a deal earlier today for 58,496 shares at an average price of just under 340p per share.
Klein has been an early stage investor in a host of companies, including Agent Provocateur, Lastminute.com and LoveFilm.
He is also on the board of Wonga among several other firms.
The move comes two days after Morgan Stanley upped its stance on the stock of Zoopla’s parent company ZPG from ‘equalweight’ to ‘overweight’ and set a new target price for the business of 400p.
The bank pointed to its recent eHome tracker, which claims that Zoopla’s listings share is at its highest level in three years.