Simon Cooper
Simon Cooper is a British entrepreneur and the founder of On the Beach, an online retailer of beach holidays. He founded the ski holiday company On the Piste while at university, set up On the Beach in 2004 and served as its chief executive for almost two decades, leading it to a listing on the London Stock Exchange in 2015; after stepping down as chief executive in June 2023, he remained on the board of On the Beach Group plc as founder non-executive director.
Contents17 sections
Key facts
1996Founding On the Piste at University
May 11, 2004On the Beach Takes Its First Booking
On the Beach was created as a sister company to On the Piste, specialising in beach holidays. Cooper started out in a terrace house in Manchester, initially generating leads through Teletext’s analogue service; the business ran on a platform operated by Teletext Holidays, with bookings taken via a call centre. The company took its first booking on May 11, 2004.[1][3]
Cooper has recalled that in the early days he was very hands-on, spending half of his time on the phone dealing with customer enquiries. In October 2004 the company launched its first static website showing hotels, and in September 2005 a website offering dynamically packaged holidays went live.[3][2][2]
2007Investment by Livingbridge
2008Sale of On the Piste
2009–2011Building Its Own Technology Platform
October 2013Inflexion Takes Control
In October 2013 Inflexion Equity Partners indirectly acquired a majority stake in the On the Beach group from Livingbridge, in a deal based on an enterprise value of £73 million.[2]
May 2014The Company’s Tenth Anniversary
On On the Beach’s tenth anniversary, Cooper said total transaction value was expected to exceed £400 million that year, compared with £10 million in its first full year, and said the company had been profitable every year since it started. By then the company had launched the international brand eBeach in Scandinavia, and he set a goal of reaching £1 billion in turnover.[3][3][3][3]
September 2015Listing on the London Stock Exchange
On August 17, 2015, Cooper joined the board of On the Beach Group plc ahead of its flotation. On September 23 the company offered 52,173,912 shares at 184 pence each, raising £90.2 million and valuing the company at £240 million at the offer price; £6.4 million went to the company and £83.8 million to existing shareholders including Inflexion, the company’s directors and senior managers. After the offering, Cooper and his fellow directors and senior managers retained 21.7% of the shares, while Inflexion held 37.1%.[4][5][5][5][5]
At the time of the flotation, Cooper said that in less than 11 years the company had become one of the UK’s leading online retailers of beach holidays, and that its ambition was to become Europe’s leading online retailer of beach holidays. The shares were listed on the London Stock Exchange on September 28, 2015.[5][5][2]
2017–2018Acquisitions and Entry into the FTSE 250
2020–2021The Pandemic
December 8, 2022CEO Succession Plan Announced
On December 8, 2022, On the Beach Group plc announced that Cooper would step down as chief executive within 12 months and be succeeded by chief financial officer Shaun Morton, with Cooper remaining on the board as a founder director. The announcement noted that Cooper remained a significant shareholder and had increased his stake on August 19, 2022.[6][6][6][6]
Cooper said On the Beach had had an amazing journey in the 18 years since he founded it and that it was the right time to hand over the reins to his successor.[6]
June 30, 2023Stepping Down as Chief Executive
On June 30, 2023, Cooper stepped down as chief executive and became founder non-executive director, with Shaun Morton appointed chief executive the same day. During his almost two decades as chief executive, the company grew from a start-up into one of the UK’s largest online package holiday specialists.[4][4]
June 16, 2025Interview with The Venture Room
On June 16, 2025, The Venture Room released an episode of street interviews filmed in Mayfair, London, in which Cooper was one of the interviewees. He said his original business was in ski holidays, that the bigger business was the online travel agency On the Beach, and that he is now a non-executive director; he said in the episode that the company’s valuation had peaked at about 800 million.[7][7]
2026Roles On and Off the Board
As of the annual report for the 2025 financial year, published in February 2026, Cooper remained founder non-executive director of On the Beach Group plc; he was also a non-executive director and senior independent director of the recently listed The Beauty Tech Group plc, and works with other fast-growing, innovative businesses to help them scale. In May 2026, as founder non-executive director, he exercised long-term incentive plan options granted to him while he was an executive director and retained all of the resulting shares.[4][4][4][8][8]
Advice Shared on The Venture Room
Related Organizations, Websites, and Public Accounts
On the Beach Group plc: Official website: https://www.onthebeachgroupplc.com/ (opens in a new window).[1]
On the Beach: Official website: https://www.onthebeach.co.uk/ (opens in a new window).[2]
Sources
- Board – On the Beach Group plc (opens in a new window)
- Story so far – On the Beach Group plc (opens in a new window)
- Interview: On The Beach’s Simon Cooper eyes £1bn status (opens in a new window)
- On the Beach Group plc Annual Report and Accounts for the year ended 30 September 2025 (opens in a new window)
- On the Beach floats on London Stock Market (opens in a new window)
- CEO Succession Plan (opens in a new window)
- Asking Millionaires How They Got Rich? | Mayfair, London (opens in a new window)
- Director/PDMR Shareholding (opens in a new window)