Pepe Talavera leaves the CEO position at Mundimoto and becomes president. Albert Vergés, previously COO, is the new CEO of the motorcycle buying and selling platform based in Barcelona.
The motorcycle buying and selling platform Mundimoto has announced a change in its executive leadership. Pepe Talavera, founder and CEO since day one of the company, is stepping down from that role to become president, the company reported on Thursday. His successor in management will be Albert Vergés, who has been serving as Chief Operating Officer (COO) and has worked for four years on the digitalisation and optimisation of the operational model.
The decision, according to El Periódico, was made by Talavera himself to redistribute tasks: he will focus on the direction and structure of the business, while Vergés will take on daily operations, issues, and opportunities. Talavera remains on the board of directors and continues to hold the majority of a shareholding that also includes Mutua Madrileña, Francisco Riberas (Gestamp), and Pablo Isla (former Inditex and Nestlé).
"As Mundimoto grows in size and ambition, strengthening our leadership allows us to move faster and go further"
The new CEO, Albert Vergés, has set the priorities: "Continue to grow the 'renting' sector, strengthen Italy as a strategic market, and prepare the ground for new expansions with a shared goal: to establish ourselves as the leader in the two-wheeler sector."
The company, based in Barcelona, has undergone a financial restructuring process. It renegotiated the 40 million euros of debt it had with various banks and convinced its capital partners to contribute an additional 4 million euros. With this refinancing, Mundimoto claims that its financial structure is strengthened for the coming years and that it can double down on its commitment to 'renting', the segment that has grown the most in the last financial year and is consolidating as the main engine of growth.
The company expects to close the year with revenues of around 65 million euros.
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