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Cazoo appoints Stephen Morana as CFO

Online car retailer Cazoo has announced the appointment of Stephen Morana as its chief financial officer.

Morana is currently the senior independent director of gamballing company, GVC, he has floated two leading UK digital businesses in recent years, Betfair and Zoopla, both achieving multi billion pound valuations.

He also sat on the board of fashion retailer giant Boohoo when it went public.

Morana will join the company in mid-July and will join the Cazoo board of directors and executive team and will report directly to founder and CEO, Alex Chesterman.

He said: “I have been lucky to work for some amazing businesses and wasn’t planning to take another full time role but, having worked with Alex before, I know that he is building a world-class operation with Cazoo that will transform the way people buy used cars in the UK by providing consumers with better selection, value and convenience.”

Chesterman added: “I am delighted to welcome Stephen to Cazoo and to be working with him again. His track record and experience are second to none and he will be a great addition to our team. 

“There is nobody who has had greater exposure to some of the UK’s most successful digital businesses over the past decade and he will play a key role in helping to deliver on our ambition of creating the best car buying experience in the UK over the coming years.”

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