---ADDS SHARE PRICE AND BROKER COMMENT---
Fast growing business services exchange operator blur Group (LON:BLUR) has created three senior management roles to support the global growth of the exchange.
Gerry Gross has been announced as the chief commercial officer, responsible for managing all corporate sales, Exchange Support across the globe and a newly created regional MarComms function.
Kara Cardinale is set to become blur Group's chief community officer, with responsibility for customer experience, community management, human resources, talent recruitment and payment functions.
Sat Ramewal, formerly the European, Middle East and Africa (EMEA) business development director, has to get a new set of business cards as he is now the EMEA general manager. The new role will include managing all corporate sales, exchange support and MarComms across the EMEA section.
All three executives will report to Philip Letts, blur's chief executive officer.
"We have achieved US$42 million in terms of total value of projects submitted to the Exchange. As the business continues to expand, we need to ensure that we are supporting our middle level teams who are responsible for educating companies to our philosophy and supporting our customers all around the globe. We believe that these appointments will help us do so," Letts said.
blur’s growth potential is mapped out by broker N+1 Singer, which expects revenues to increase 170% in 2014 and double from there the following year. “Our expectations are supported by continuing strong metrics,” it added in a note earlier Tuesday.
The shares, which have almost quadrupled in the year to date, advanced 1.22 pence to 299.22 pence.