Directorate Change

RNS Number : 7298E

Inchcape PLC

31 October 2022

 

INCHCAPE PLC

Directorate change

Inchcape plc is pleased to announce the appointment of Byron Grote as a Non-Executive Director with effect from 3 January 2023. Byron will become a member of the Audit and Nomination Committees upon appointment.

Byron has extensive experience across a range of leading international businesses at Board level, particularly in finance and chairing audit committees. Having previously been Chief Financial Officer at BP plc between 2002 to 2011, Byron is currently Senior Independent Director at Tesco plc, Non-Executive Director at InterContinental Hotels Group plc, and Deputy Chairman of the Supervisory Board at Akzo Nobel N.V. Byron is also Non-Executive Director at Standard Chartered plc (retiring on 30 November 2022). Byron has previously served on the Boards of Unilever plc and Anglo-American plc.

Nigel Stein, Chairman, commented: "I am delighted that Byron is joining the Inchcape Board. Byron's extensive finance and international experience will both complement and strengthen the existing Board. We are looking forward to working with him."

There is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 in respect of this appointment.

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Group Communications, Inchcape plc
[phone]

Notes to editors

About Inchcape:

Inchcape is the leading independent multi-brand global automotive distributor, operating in over 40 markets and territories with a portfolio of the world's leading automotive brands. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance. The Company has been listed on the London Stock Exchange (INCH) since 1958, and is classified within the 'Business Support Services' sector. The Group is headquartered in London and employs around 14,500 people globally. www.inchcape.com.

 

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