12 August 2019
Directorate Change
Northgate plc ("Northgate" or the "Group"), the leading specialist in light commercial vehicle hire in the UK, Spain and Ireland, today announces the appointment of Avril Palmer-Baunack as Non-Executive Chairman with immediate effect.
Avril has more than 25 years' experience in leading businesses in the automotive industry in a number of senior Executive and Non-Executive roles.
Avril is currently Executive Chairman of BCA Marketplace, and Non-Executive Chairman of Safe Harbour Holdings plc. She has previously held roles as Non-Executive Chairman of Redde plc, Executive Chairman of Stobart Group, Chief Executive Officer of Autologic Holdings plc and of Universal Salvage plc.
Bill Spencer, Senior Independent Director of Northgate, commented, "Having completed a thorough search to find a high-quality Chairman for the business, I would like to welcome Avril to the Board of Northgate. She brings a wide range of industry experience and a demonstrable track record in delivering shareholder value."
Avril Palmer-Baunack, Non-Executive Chairman of Northgate, commented, "I look forward to working closely with Northgate's Board and wider executive management team and to contributing to the business and its growth strategy."
Kevin Bradshaw, Chief Executive of Northgate, commented, "I am delighted to welcome Avril to the Board, and I look forward to working closely with her as she joins the Northgate team. Avril's skills and experience will be invaluable as we continue to evolve the Group's strategy. I would like to thank Bill for his support as interim Chairman during these past few months."
ENDS
For further information please contact:
MHP Communications |
+44 (0)203 128 8789 |
Andrew Jaques Simon Hockridge Ollie Hoare |
Contacts for Avril Palmer-Baunack
Buchanan Communications |
+44 (0) 207 466 5000 |
David Rydell Jamie Hooper |
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Notes
Avril Palmer-Baunack's other appointments:
Avril Palmer-Baunack is currently Executive Chairman of BCA Marketplace, Europe's leading automotive marketplace and solutions provider, a position she has held since July 2014.
Since February 2018 Avril Palmer-Baunack has also held the position of Non-Executive Chairman of Safe Harbour Holdings plc, the FTSE AIM listed investment vehicle for assets in B2B distribution and services.
There is no other information relating to Avril Palmer-Baunack that is required to be disclosed under Listing Rule 9.6.13R of the UK Listing Authority.
About Northgate
Northgate plc is the leading light commercial hire business in the UK, Spain and Ireland by fleet size and has been operating in the sector since 1981.
Northgate's core business is the hire of light commercial vehicles to businesses on a flexible or minimum-term basis, giving customers the ability to manage their fleet requirements in a way which can adapt best to changing business needs.
Further information regarding Northgate plc can be found on the Company's website: