The non-executive chairman of Pendragon, Ian Filby, is set to step down from his position “to pursue other interests.”
The Nomination Committee, led by senior independent director Dietmar Exler, will now commence the process to identify and appoint Ian’s successor, and is being supported by external consultants.
Ian will continue in his role at the car retailer until this process is complete.
Dietmar Exler, senior independent director, said: “On behalf of the Board, we thank Ian for his service to Pendragon and wish him all the best for the future.”
Ian Filby, non-executive chairman, said: “I would like to take this opportunity to thank my fellow Board members, the leadership team and, most importantly, our associates for their commitment to the company and passion for their work.
“I am proud of the progress that has been made both strategically and financially by the leadership team and the stability that this has created. I wish them every success in the future.”
