Financial Times FT.com

Moneysupermarket founder steps aside as profit fall likely

By Maggie Urry

Published: December 17 2008 08:49 | Last updated: December 17 2008 20:14

Moneysupermarket.com’s founder and chief executive is to stand aside as the price comparison website said it expected earnings to fall again next year.

From February 25, Simon Nixon will become executive deputy chairman and spend an average of one day a week with the company, while pursuing other start-up opportunities.

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