Inchcape announces Byron Grote to join its Board as Non-Executive Director

– UK, London –  Inchcape plc (LON: INCH) today announced the appointment of Byron Grote to its Board as a Non-Executive Director effective from 3d January 2023.

“I am delighted that Byron is joining the Inchcape Board. Byron’s extensive finance and international experience will both complement and strengthen the existing Board. We are looking forward to working with him.” said Board Chairman, Nigel Stein.

Byron Grote will also join the Audit and Nomination Committees.

About Byron Grote

Byron Grote has extensive experience across various leading international businesses at the Board level, particularly in finance and chairing audit committees. Having previously been CFO at BP plc between 2002 to 2011, Byron is currently Senior Independent Director at Tesco plc, Non-Executive Director at InterContinental Hotels Group plc, and Deputy Chairman of the Supervisory Board at Akzo Nobel N.V. Byron is also Non-Executive Director at Standard Chartered plc (retiring on 30 November 2022). Byron has previously served on the Boards of Unilever plc and Anglo-American plc.

About Inchcape

Inchcape is the leading independent multi-brand global automotive distributor, operating in over 40 markets and territories with a portfolio of leading automotive brands. Inchcape has diversified multi-channel revenue streams including selling new and used vehicles, parts, services, finance, and insurance. The Company has been listed on the London Stock Exchange since 1958 and is classified within the ‘Business Support Services sector. The Group is headquartered in London and employs around 14,500 people globally.

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