Board of Directors

Building solid foundations
for long-term growth

Adevinta moved into a new phase of execution
on its Growing at Scale strategy in 2022.

The Group continued to lay solid foundations by creating a more integrated and efficient company, leveraging Adevinta’s scale and liberating resources to deliver long-term profitable growth.

Operationally, we made steady progress
in the integration of eBay Classifieds Group,
following completion of the acquisition in 2021.

We also announced a new executive leadership team following a review of our operating structure to align with our Growing at Scale strategy.

By year end, our portfolio optimisation programme was close to completion with divestments finalised in Australia, Belarus, Mexico and South Africa.

Adevinta's new CEO

In July, following a comprehensive selection process that considered both internal and external candidates, the Board appointed Antoine Jouteau to succeed Rolv Erik Ryssdal as CEO. Antoine has a deep understanding of the global marketplaces industry and a clear track record of successfully building and scaling local brands. He was a key figure in developing leboncoin into one of the most visited websites in France, with over 27 million monthly users1, and he has played an instrumental role in growing LBC to the business it is today. Antoine has a proven ability to lead, innovate and execute during a period of rapid consumer change, industry disruption and technological advancement. The Board therefore believes Antoine’s appointment as CEO comes at exactly the right time for the Group as it embarks on the next phase of its Growing at Scale strategy, which seeks to build on Adevinta’s leadership and unlock its full potential.

The Board was fully aligned in its evaluation of the qualities and experience that the successful CEO candidate would need. The final decision to appoint Antoine was therefore unanimous and the Board successfully orchestrated a smooth transition. Under Rolv Erik’s leadership, Adevinta became the world’s leading classifieds business, successfully spinning off Adevinta from Schibsted and leading the acquisition of eBay Classifieds Group (eCG). The Board expresses its warm gratitude for his years of dedicated service and visionary leadership and wishes him well for the future.

1 Mediamétrie

Executing our Growing at Scale strategy


Looking ahead

The Group’s financial results

Financial position and cash flow