Directorate Change

RNS Number : 4422W

Inchcape PLC

29 July 2009

 



29 July 2009

Inchcape plc

Directorate Change

John McConnell appointed Group Finance Director of Inchcape plc 

Inchcape plc ('Inchcape' or 'the Group'), the world's leading car retailer, is pleased to announce the appointment of John McConnell to the role of Group Finance Director with effect from 1 October 2009. John will also join the Inchcape plc Board from 1 October 2009 as an Executive Director.

Having joined Inchcape more than ten years ago, John is currently the CEO Inchcape Australasia, a position he has held since 2005.  Prior to that, John was CFO of Inchcape Australia.

Andre Lacroix, Group Chief Executive, Inchcape plc said: 'I have known John for many years now and have always been impressed by his strong sense of ethics and integrity, his commercial sense, his ability to build world class teams and customer orientation. His knowledge of our business, international experience and financial skills will be extremely valuable to us. I am really looking forward to partnering with John in his new role as we enter the next exciting phase of our Inchcape journey.'

There is no information required to be disclosed pursuant to Listing Rule 9.6.13R relating to the appointment to the Board of John McConnell.

Ends

Group Communications, Inchcape plc

[phone]

Investor Relations, Inchcape plc

[phone]

Financial Dynamics (Jonathon Brill/Billy Clegg)

[phone]

Notes to editors

1. John McConnell joined Inchcape in 1999 as CFO Australia / New Zealand. He became MD Inchcape Retail and AutoNexus for Australia before assuming the role of CEO Australasia in 2005. Prior to joining Inchcape, John held senior finance roles with Reckitt & Colman (now Reckitt Benckiser plc) in the UK and was Finance Director for the German business.

John has an MBA from the University of Queensland, a Bachelors' degree in Economics from Macquarie University and is an Associate of the Australian Society of Certified Practising Accountants. 

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John and his family will be relocating to the UK.  

2. Inchcape is a leading, independent international automotive distributor and retailer operating in 26 markets. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance, 

Inchcape's vision is to be the world's most customer-centric retailer and represents some of the world's leading automotive brands, including Toyota, Lexus, Subaru, BMW, Mazda, Mercedes-Benz, Volkswagen, Audi, Honda, Land Rover and Jaguar.

Inchcape, which has been listed on the London Stock Exchange since 1958, is headquartered in London, employs around 15,000 people and has scale operations in the UK, Singapore, Australia, Hong Kong, Greece, Belgium and Russia.

www.inchcape.com

 

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