looks for CMO to boost brand is expanding its marketing department as it looks to grow its business in the competitive price comparison market.

The Admiral-owned brand is looking to appoint its first chief marketing officer to manage an estimated £50m budget and develop a fresh marketing strategy.

Marketing director Tom Bennett will continue in the same role and report to the CMO.

The move follows the success of rival’s “Comparethemeerkat” campaign. The activity, which launched a year ago, has boosted market share, traffic and sales for the company and prompted others in the market to review their marketing campaigns.

GoCompare launched its own character-led campaign starring the opera-singing Gio Compario in the autumn, while launched a campaign featuring Dragon’s Den star Peter Jones in June.

The last advertising activity ran in October and featured users highlighting the sites’ features.

The online brand’s CMO will work with Beattie McGuinness Bungay after the agency was appointed to handle advertising in October. PHD handles media planning and buying for the price comparison site.

Carlton Hood, chief executive, says the decision to appoint a CMO “is not as a result of a management re-structure or personnel leaving the company, but is in answer to’s growth, success and future ambitions”.

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