Lookers plc (LON:LOOK), one of the leading UK motor retail and aftersales service groups, has announced the appointment of Ian Bull as Non-Executive Chairman, effective from 1 October 2021, at which point Phil White will stand down as Non-Executive Chairman and leave the Board. Ian will Chair both the Nomination and Disclosure Committees and will also join the Remuneration Committee.
Appointment of Chairman
Ian brings a wealth of relevant experience from consumer facing businesses where he has held both Executive and Non-Executive positions. He is currently Senior Independent Director at Domino’s Pizza Group Plc and a Non-Executive Director at Dunelm Group plc. In both roles Ian Chairs the Audit Committee. Until very recently, he was a Non-Executive Director at St Modwen Properties Plc where he was also Chair of the Audit Committee.
In his Executive career, Ian was most recently CFO at Parkdean Holidays Ltd and prior to that CFO at Ladbrokes plc and Greene King plc. Earlier in his career, he held a variety of financial and operational roles with BT Group plc, Walt Disney Co and Whitbread plc.
Phil White, Non-Executive Chairman of Lookers, commented:
“It is with great sadness that I am stepping down as planned from my role with Lookers, after 15 years with the business. I am pleased that we have overcome our recent challenges and am proud of the overall progress we have made. I believe that Lookers is a highly resilient business with an incredible team of people who, under Ian’s stewardship, are well placed to achieve great things. I wish all of my colleagues all the very best for the future.”
Mark Raban, Chief Executive Officer, commented:
“Phil has been a rock for Lookers throughout his tenure with the business and will be greatly missed. I would like to thank him personally for his guidance and support since I joined two years ago. During this time he has continued to show his unrelenting commitment and passion for Lookers. The Board is delighted to welcome Ian who brings excellent experience and will no doubt help us build on the current momentum in the business.”
Ian Bull, Chairman Designate, commented:
“It is a great honour to be taking the reins from Phil as Chairman. Lookers is a business with much to look forward to in an industry that is undergoing fundamental and exciting changes. I look forward to engaging with the full team and getting underway as the business pursues its growth strategy.”
