Scout24 Schweiz AG, the operator of Swiss marketplace ImmoScout24, has appointed Martin Waeber as the company’s new chief operating officer (COO). The appointment is part of a corporate reorganization, the business said Monday.

Waeber is the current managing director of ImmoScout24 and will move to his new post on Jun. 1. He will be responsible for the operational management of several platforms. Waeber held various management positions at Credit Suisse, TCS and Eny Finance before joining Scout24. “I will be able to play an even more significant role at Group level and support our management team to achieve our ambitious strategy and product innovation goals,” said Waeber.

The company said the move was aligned with Scout24’s growth strategy, allowing the managing directors of all business units – AutoScout24, ImmoScout24, FinanceScout24, Anibis.ch and Scout24Advertising – to focus on their respective businesses.

“Following the successful development of Immoscout24 over the last seven years and his in-depth knowledge of marketplaces, Martin is an excellent fit for the new COO role,” said Gilles Despas, CEO of Scout24 Schweiz AG. “His support will allow me to concentrate more on group-wide strategy rather than tactical details and will go a long way to meeting our ambitious growth strategy at Scout24.”

Scout24 Schweiz AG is owned by Ringier AG (50%) and Swiss insurance group Die Mobiliar (50%).

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