Moneysupermarket.com's Bruce Carnegie-Brown is to step down as chairman at the company's annual general meeting on May 9.

Mr Carnegie-Brown, who has been chairman of the price comparison website since 2014, will be replaced by Robin Freestone.

Mr Freestone has been a non-executive director of Moneysupermarket.com since 2015 and was previously chief financial officer of Pearson.

Moneysupermarket.com reported a double-digit increase in profits due to higher sales from energy switching.

Pre-tax profit for 2018 increased 11% to £106.9 million as revenue rose 8% to £355.6 million.

The company said trading in the first six weeks of the new year has been "encouraging" and it expects to meet market expectations for 2019.