Lookers PLC Directorate Change (6824E)
July 05 2019 - 9:18AM
UK Regulatory
TIDMLOOK
RNS Number : 6824E
Lookers PLC
05 July 2019
Lookers PLC
Directorate Change
Lookers plc, ("Lookers" or "the Group"), one of the leading UK
motor retail and aftersales service groups, announces that, as part
of its succession planning, Robin Gregson, Chief Financial Officer,
will step down after 10 years in the role.
During his time at Lookers, Robin has played an important role
in the development of the Group throughout a period of significant
change both within the business and the industry. He has also made
a substantial contribution to the Group's operational and strategic
performance.
Lookers is pleased to announce that Mark Raban will be appointed
as CFO and will join the Board on 15 July 2019. Mark has nearly 30
years of multi-channel retail experience and was most recently CFO
at Marshall Motor Holdings PLC for four years, playing a
significant role in the company's IPO and subsequent growth. His
previous experience includes being Finance Director of Inchcape
Retail Limited and he has also held senior finance roles with the
Borders Group, Selfridges Retail Limited, Safeway and Burton.
Robin has stepped down from the Board with immediate effect but
will remain as CFO until 15 July 2019 and will stay with the Group
until 30 September 2019 to ensure an effective transition.
Phil White, Chairman, commented:
"Robin has played an important role in the transformation of the
Lookers business during his time as CFO. I would like to thank him
for his significant contribution to the Group over the last 10
years and wish him well in the future.
"We are very pleased to welcome Mark to the Board. We will
benefit from his extensive retail experience, both in the motor
industry and more widely."
Robin Gregson commented:
"I am proud of the significant milestones achieved during my ten
years with Lookers. The business is in good shape and I have
enjoyed being part of a strong team. I wish the business all the
best for the future."
Mark Raban commented:
"I'm really excited to be joining Lookers, a business which I
have admired for some time and which has a strong market position
in the sector. I am very much looking forward to working with the
team to continue to develop the business and take advantage of the
many opportunities available."
Save as disclosed herein, there are no further details required
to be disclosed pursuant to Listing Rule 9.6.13 in connection with
Mark's appointment.
ENDS
Enquiries:
Lookers Tel: 0161 291 0043
Andy Bruce, Chief Executive
MHP Communications Tel: 0203 128 8742
Tim Rowntree Email: Lookers@mhpc.com
Simon Hockridge
Alistair de Kare-Silver
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END
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