Directorate Changes

RNS Number : 7135T

Inchcape PLC

11 June 2009

 



11th June 2009

Inchcape plc

Directorate Changes

Alison Cooper and Nigel Northridge join the Board as Non-Executive Directors

Inchcape plc ('Inchcape' or 'the Group'), the world's leading car retailer, is pleased to announce the appointment of two new Non-Executive Directors with effect from 1 July 2009.

Alison Cooper who is currently a member of the Board and Chief Operating Officer of Imperial Tobacco Group PLC will join the Inchcape Board as a Non-Executive Director and member of the Audit Committee.

Alison has been with Imperial for 10 years, where she has held several senior regional, divisional and corporate roles before being recently promoted to her current role. Previously she spent 11 years with PriceWaterhouseCoopers. 

Nigel Northridge, currently Chairman of Paddy Power plc, Senior Independent Director of Aggreko plc and Non-Executive Director of Thomas Cook Group plc will join the Inchcape Board as a Non-Executive Director and member of the Remuneration Committee.

Nigel spent 32 years with Gallaher Group plc in senior sales and marketing roles becoming the Group Chief Executive in 2000, a position in which he oversaw significant growth in shareholder value leading to the sale of the Company in 2007 for £9.4 billion.

Ken Hanna, Non-Executive Chairman, Inchcape plc said: 'We are delighted that Alison and Nigel have agreed to join our Board as Non-Executive Directors. Alison's experience of growing businesses of scale in mature and emerging markets, her finance, business development skills and her all round leadership characteristics are ideally suited to Inchcape. Nigel brings a wealth of experience of managing successfully in many of the major markets where Inchcape operates. I am sure his experience of running large, complex multinational companies, along with his senior Board level experience with other major UK public companies will be of great benefit to us'.

Save for the directorships disclosed above, there is no information required to be disclosed pursuant to Listing Rule 9.6.13R relating to the appointments to the Board of Alison Cooper and Nigel Northridge.

Ends

Group Communications, Inchcape plc

[phone]

Investor Relations, Inchcape plc

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Financial Dynamics (Jonathon Brill/Billy Clegg)

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www.inchcape.com

Notes to editors

About Inchcape:

Inchcape is the 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 automotive retail group 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.

www.inchcape.com

 

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