18th Feb 2019 09:50
LONDON (Alliance News) - Automotive retailer Pendragon PLC said on Monday it has appointed Mark Herbert as chief executive officer designate, with effect on March 4.
He will become permanent CEO on April 1, replacing Trevor Finn after 29 years at the company since 1989.
Herbert's most recent role was at Hong Kong-based retail group Dairy Farm International Holdings Ltd, where he was chief executive officer for Singapore and Cambodia for three years from 2015 to 2018.
Prior to that, he was part of motor retailer Jardine Motors Group UK Ltd for eight years from 2007 to 2015, leaving as chief executive officer.
"Mark is a proven, successful leader, and I'm pleased to welcome him to the company. He is the ideal person to lead Pendragon through the next phase of its development, and we all look
forward to working with him as we continue to implement our established strategy," said Chair Chris Chambers.
Shares in Pendragon were trading flat at 27.00 pence on Monday.
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