*shopt names new managing director

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*Shopt, the app that gives convenience retailers access to discounts and cash payouts, has appointed Martin Ryan as its new managing director to spearhead its development.

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Ryan joins *shopt from parent company CPM after the platform reached a milestone of more than £2m paid out across its more than 20,000 registered users, launched into Ireland and the Netherlands; and more than 35 brands signed up to use the app and digitally engage with convenience retailers.

Ryan has a 20-year association with CPM, first joining in 2000 as sales and marketing director and most recently holding the position of chief developmental officer and global client lead, having spent time running the CPM Asia business.

He said: “We’ve proven ourselves to be a viable, cost-effective platform that provides an invaluable link between retailers and global brands and we are keen to build on that success in 2021, enhancing the app further and expanding to new markets.

“We’ve provided brands with fast, tactical support in a time of unprecedented crisis, but the appeal of *shopt for brands is an important pillar in their convenience strategy.”