Pendragon’s Chief Operating Officer Martin Casha, who has held the role since 2001, is standing down from the company to take up a position as CEO of Marshall Motor Group.
In order to “simplify the company’s organisational structure,” Pendragon says Martin’s role will not be replaced and his reporting lines will be re-distributed across the senior leadership team.
Martin will continue in his role as Chief Operating Officer and as a director until 7 November 2023.
Bill Berman, Chief Executive Officer, said: “On behalf of the Board and all our associates, I would like to thank Martin for his contribution to Pendragon.
“He has been instrumental to the growth of the business and more recently, he has played an important role in implementing our strategy to transform automotive retail through digital innovation and operational excellence. We wish him all the best for his future endeavours.”
Martin Casha, Chief Operating Officer, said: “I have been very fortunate to have enjoyed a fantastic career at Pendragon. It has been a privilege to be part of a first-class organisation and I would like to thank the team that I have had the pleasure of working with. I wish them every success for the future.”
The news comes after Casha, who has been with Pendragon for 42 years, was voted back into his position by a margin of 59.86% to 40.14% at an AGM last week.