Nikki Cole Departs Alto Amidst Possible Redundancies

Portfolio - People | Dec 11, 2024 | Aim Group

Nikki Cole, the recently appointed Commercial Director of Alto, part of Houseful's software division, has departed the company slightly over a month into her tenure. Cole confirmed her exit through a social media post, highlighting her prior experience leading portal and software sales teams. This departure comes amid reports of potential redundancies at Houseful, adding to the challenges faced by the firm. Houseful, a known entity in the property software sector, appears to be navigating a leadership vacuum and possible restructuring as it grapples with these emerging operational pressures.

Sectors

  • Software
  • Real Estate Technology

Geography

  • United Kingdom – Houseful and its software unit Alto are based in the UK, making this the primary geographical focus of the article.

Industry

  • Software – The article focuses on Alto, which is a software business unit under Houseful, suggesting that software solutions play a significant role.
  • Real Estate Technology – Houseful operates in the realm of property-related software, indicating its involvement in the proptech industry.

Financials

    Participants

    NameRoleTypeDescription
    Nikki ColeFormer Commercial DirectorPersonNikki Cole was the Commercial Director at Alto, a business unit of Houseful, and recently announced her departure from this role.
    HousefulParent CompanyCompanyHouseful is a company operating in the property software space, with Alto being one of its business units.
    AltoSoftware Business UnitCompanyAlto is a software division of Houseful, involved in property software solutions.