Hostelworld finance chief to step down

Hostelworld’s finance chief is checking out of the online business after more than a decade.

Chief financial officer Mari Hurley is to step down in the first half of 2018.
She has resigned “to pursue a new opportunity outside the group”.

The search for a new chief financial officer is underway and a further announcement will be made in due course, the Irish company said.

Hostelworld added that its 2017 results will be in line with expectations, with a trading update due to be made on January 24.

Hurley said: “After over 10 years with Hostelworld it is time for me to pursue a new opportunity.

“The business has travelled a great distance since I joined and is very well positioned to make further strong progress in its international markets.
I look forward to continuing in my current role over the coming months.”

CEO Feargal Mooney said: “The board is very grateful to Mari for her significant contribution to Hostelworld over many years with the group.

“She has played a major role during a period that has seen much successful change and growth for Hostelworld, including the company’s joint listing on the London Stock Exchange and Irish Stock Exchange in 2015.

“The board wishes Mari well for the future and I look forward to continuing to work with her over the coming months as we appoint a successor.”

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