CEO of PhotoBox Group Stan Laurent will be retiring from his role after a decade at the helm.
Having joined the Group in July 2006, Laurent’s leadership has been instrumental in crafting the PhotoBox Group into the digital service for personalised gifts that it is today. The CEO has led the originally £13m business into heights of close to £300m. The revenue success has been significantly aided by the acquisition of Moonpig in 2011 and posterXXL last summer.
The Group is now the leading international online etailer for personalisation, attracting an excess of 9m customers in over 20 countries.
Laurent will remain in the role until a successor is found and will continue as a long-term investor in the business.
“I am very proud of what we have achieved and want to thank everyone from the team for all their support and dedication. Together, we have built from a strong foundation into becoming the leading multi-brand ecommerce business that we are today. After ten years at the helm, it feels like the right moment to take on a new challenge” Laurent said.
“PhotoBox is completing another very successful year and is firmly poised to capitalise on its ambitions in the personalisation and gifting space. I truly enjoyed working with Stan and would like to thank him for the enormous contribution he has made to the business, to our people, to our brands and wish him every success for the future” added Doug McCallum, Chairman of PhotoBox.
“We thank Stan for his valuable leadership of the Group throughout the past ten years and his precious help since our acquisition of the business. The Group’s family of brands, product portfolio and geographical reach have positioned PhotoBox as a leader in the European personalisation market, and we look forward to working with the management team to further build this position in the future” Simon Davidson, Partner at Exponent.