Inchcape announces Alison Platt to join its Board as Non-Executive Director and next Senior Independent Director

– UK, London –  Inchcape plc (LON: INCH), the leading global automotive distributor, today announced the appointment of Alison Platt to its Board as a Non-Executive Director effective from 2 January 2024 to succeed Jerry Buhlmann as Senior Independent Director in May 2024, when he succeeds Nigel Stein as Chair of the Board of Directors. following the AGM on 9 May 2024.

The company also announced the retirement of Nigel Stein and the proposed appointment of Jerry Buhlmann as Chair of its Board of Directors.

“I am delighted to welcome Jerry as the Company’s proposed new Chairman. Given his already valuable tenure on our Board, his appointment ensures seamless continuity of leadership as we drive forward with our Accelerate strategy. He has a long track record in leading and managing large and diverse global organisations, with significant experience and knowledge of technology-enabled businesses. This will be a major asset for Inchcape, as we continue to leverage our digital capabilities to further grow and diversify our Distribution business with more mobility partners in more geographies,” said CEO Duncan Tait. “I am also very pleased to welcome Alison to our Board, as our new Senior Independent Director. She brings a wealth of experience across a variety of industries, and I know she will be a valuable member of our Board.”

About Jerry Buhlmann

Jerry Buhlmann has over 40 years of experience in the media and advertising industries and was formerly CEO of Aegis Group plc and Dentsu Aegis Network. Jerry is currently Chair of private equity-owned digital marketing agencies – Dept, Croud Limited, and Hybrid and is also a member of the Supervisory Board of ServicePlan GmBH.

Jerry Buhlmann, Chairman-elect said: “I am honoured to have the opportunity to become the proposed Chairman of Inchcape plc at such an exciting phase of the Group’s strategic development. The Group is extremely well positioned for the future, having built a strong position as the global leader in automotive distribution, supported by on-going operational and financial performance delivery. Given the exciting and numerous growth prospects available to Inchcape in the future, I am looking forward to leading the Group’s strong and diverse Board, and supporting Duncan and his executive management team, with a view to ensuring that the business continues to deliver value for all of its stakeholders in the future.

“I am also delighted to welcome Alison as our new Senior Independent Director. Her appointment further expands the depth of expertise and breadth of knowledge of our Board, as we help to guide our strong and impressive management team in delivering against Inchcape’s strategic objectives in the future.”

About Alison Platt

Alison Platt serves as chair for Dechra Pharmaceuticals PLC and will join as Chair of Hargreaves Lansdown in early 2024. She also serves as Non-Executive Director and Chair of the Remuneration Committee for Tesco, and as Chair of Ageas UK, which is unlisted. She previously held senior leadership positions at Countrywide Group Ltd., where she was CEO of BUPA and British Airways Plc as well as Chair of Legal & General Financial Advice and Non-Executive Director at Cable & Wireless Communications plc and the Foreign and Commonwealth Office.

About Inchcape

Inchcape is the leading global automotive distributor, with operations across six continents.
By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth.
Our distribution platform connects the products of mobility companies with customers, and our responsibilities span product planning and pricing, import and logistics, brand and marketing operating digital sales, managing physical sales, and aftermarket service channels.
Delivering for our partners, our customers, and our people – so they can realize their ambitions in the new world of mobility.
The Group is headquartered in London and employs over 21,000 people globally.

SOURCE: https://www.inchcape.com/

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