6th May 2005 07:00
Inchcape PLC06 May 2005 6 May 2005 Inchcape Board change Inchcape plc, the international automotive services group, announces that AlanFerguson, Group Finance Director, will be leaving the Board in September 2005 totake up the position of Group Finance Director at BOC Group plc. The process of identifying a successor has commenced and a further announcementwill be made in due course. Alan Ferguson, Group Finance Director, commented: "I have enormous respect for the Inchcape management team and the inherentquality of its businesses. It is a company with considerable potential. Aftertwenty-two fulfilling years including six on the Board, it will be a wrench tomove on. However the role of Finance Director at a company such as BOCrepresents a rare career opportunity, and one that I am greatly looking forwardto taking up." Peter Johnson, Group Chief Executive, said: "Alan's contribution to Inchcape has been considerable and he should take muchcredit for the strength of the company's financial position today and theshareholder value that has been created in recent years. We will miss him as acolleague and a friend, but we fully understand his decision and the attractionsof the role that he has been asked to take up." Notes to editors For further information, please contact: Group Communications, Inchcape plc 020 7546 0022 Hogarth Partnership Limited (John Olsen/Barnaby Fry) 020 7357 9477 Inchcape, an international automotive services group, provides qualityrepresentation for its manufacturer partners, a choice of channels to market andproducts for its retail customers and a range of business services for itscorporate customers. Operations are focused on the UK, Greece, Belgium,Australia, Hong Kong and Singapore. Inchcape's activities include exclusiveImport, Distribution and Retail, Business Services, automotive E-commerce andFinancial Services. Our key manufacturer partners are Toyota/Lexus, Subaru, BMW,the Premier Automotive Group of Ford, Mazda, Mercedes-Benz and Volkswagen. For further information, visit us at www.inchcape.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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