Directorate change
Summary by AI BETAClose X
20 April 2026
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
AUCTION TECHNOLOGY GROUP PLC
Directorate Change
Auction Technology Group plc ("ATG", "the Company", "the Group") (LON: ATG), the operator of world-leading auction and list price marketplaces that connect millions of buyers with unique items worth finding again, today announces that Chief Executive Officer ("CEO"), John-Paul Savant, is standing down after more than ten years as CEO. John-Paul will leave the Group after a short orderly handover period.
The Board is at an advanced stage of its process to appoint a successor. A further announcement will be made in due course.
Chair, Scott Forbes, commented:
"On behalf of the Board, I would like to extend our appreciation to John-Paul for his tenure during which he architected the combination of brands serving curated secondary goods markets in the arts & antiques and industrial & commercial goods segments. He has built a capable team and ATG has a solid foundation of buyers and sellers and an increasingly robust platform for the development of uniquely efficient online marketplaces serving auction and list price buyers and sellers.
The Board's CEO search process focused on identifying and securing a candidate with a strong commercial and operational track record as well as considerable marketplace, ecommerce and public company leadership experience. We are confident in being able to secure a strong replacement. In the meantime, we are confident that the Group has good strategic and trading momentum, which will be maintained in the transition period."
John-Paul Savant said:
"It has been a pleasure to lead ATG for over the last ten years, taking the Group from revenue of c.$20 million to around $250 million in FY26 through building leading marketplace brands. The Group has a strong market position, a team with excellent foundational capabilities and a platform for further profitable growth. As a significant shareholder with a long term belief in ATG I will be an interested observer in its future success."
The person responsible for arranging the release of this announcement on behalf of the Company is Anne-Marie Palmer, Company Secretary.
further information, please contact:
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ATG |
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For investor enquiries
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chrisdyett@auctiontechnologygroup.com Mobile: +44 7974 974690 matthewwalker@auctiontechnologygroup.com
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FTI Consulting (Public relations advisor to ATG) Jamie Ricketts Matt Dixon |
+44 (0)20 3727 1000 atg@fticonsulting.com
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About Auction Technology Group plc
Auction Technology Group plc ("ATG") is the operator of world-leading auction and list price marketplaces that connect millions of buyers with unique items worth finding again. ATG operates across two major sectors: Arts & Antiques ("A&A") and Industrial & Commercial ("I&C").
The Group powers ten branded online auction and list price marketplaces using best in class proprietary technology, and collectively facilitates the sale of more than 26m unique secondary items per year with a value of over $12bn annually. ATG has offices in North America, the United Kingdom, Germany and Mexico.
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