14th May 2009
INCHCAPE PLC
Directorate change
Inchcape plc ('Inchcape' or the 'Group'), the world's leading car retailer, today announces that Karen Guerra will step down as a Non-Executive Director of the Group with effect from today's AGM.
Karen has expanded her portfolio of Non-Executive Director roles in continental Europe during this time and going forward will now concentrate her focus on these companies, given her considerable expertise in the FMCG arena. Karen is currently a non-executive Director of Swedish Match AB and Samlerhuset BV. Karen has been a Non-Executive Director of Inchcape for three years and was a member of the Remuneration Committee.
Karen Guerra said:
'I have enjoyed my time at Inchcape and wish the Group every success.'
Peter Johnson said:
'We have valued Karen's contribution to the Board over the past three years and wish her every success in the future.'
Ends
Group Communications, Inchcape plc
+44 (0) 20 7546 0022
Investor Relations, Inchcape plc
+44 (0) 20 7546 8209
Financial Dynamics (Jonathon Brill/Billy Clegg)
+44 (0) 20 7831 3113
Notes to editors
About Inchcape:
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