Motorway, the UK’s fastest-growing used car marketplace, has appointed Liz Kistruck as the company’s first Chief Financial Officer.

Liz joins from fashion technology platform Lyst, where she was CFO. Prior to Lyst, Liz was at Expedia Group for 14 years and held various roles including CFO for Hotels.com, CFO for Expedia for Business, as well as SVP Global Marketing Analytics. In these roles, she led large, multinational teams through significant growth and transformation.

Liz brings the perfect blend of experience, having led expansion at both world-leading internet companies and smaller start ups. Central to her role will be leadership of the finance and legal functions as well as strategic partner to the leadership on opportunities for growth and acceleration. As Motorway continues to grow market share at a rapid pace, Liz will help take Motorway to the next stage of that growth and profitability.

Motorway saw its sales more than double year on year from £841m in 2021 to £1.7bn in 2022. This rapid growth demonstrates continued demand for Motorway’s service, which matches people selling their car with car dealers looking to acquire stock. By removing the middlemen and bringing the process online, the platform delivers a better deal for both sides, with a more efficient experience, driven by technology.

Tom Leathes, co-founder and CEO, Motorway, said:
“We’re thrilled to have Liz join the executive team at Motorway. We’re at a pivotal stage in our growth and Liz’s highly relevant marketplace and public markets experience, strong values and focused approach make her the perfect person for this role. I look forward to working closely with Liz to help shape the future of the business going forward.”