Motorpoint Group appoints Keith Mansfield to its Board as Independent Director

– UK, Derby –  Motorpoint Group PLC (LON: MOTR), the UK’s largest independent vehicle retailer, today announced the appointment of Keith Mansfield as an Independent Non-Executive Director, with effect from 20 May 2020.

Keith becomes chair of the Audit Committee and has also been appointed as a member of both the Nomination and Remuneration Committees.

The Group also announces that having served as an Independent Non-Executive Director since May 2016, Gordon Hurst has decided to retire from the Board to pursue his other business interests. Keith will take over his role as chair of the Audit Committee.

“On behalf of the Board, I am delighted to welcome Keith to Motorpoint as a Non-Executive Director. He brings a wealth of experience following a long and successful career in the accountancy profession and I am confident he will play an active role as we continue to grow the business,” said Mark Morris, Non-Executive Chairman.

He added: “At the same time, I would very much like to thank Gordon for his service to Motorpoint since joining the Board ahead of the Group’s IPO in 2016. He has made a valuable contribution over the past four years and goes with our very best wishes.”

About Keith Mansfield

A Chartered Accountant by background, Keith brings extensive accountancy experience, having worked at PwC for over 30 years, during which time he served as Chairman of PwC in London responsible for assurance, tax and advisory services. As a Partner for 22 years, he led many public and private companies across a range of industry sectors. Keith is a Non-Executive Director of Tritax Eurobox plc, where he also serves as chair of the Audit Committee. He is Chairman of the boards of Albermarle Fairoaks Airport Limited and Real Time Sports Bingo Limited.

About Motorpoint

Motorpoint is the largest independent vehicle retailer in the United Kingdom. The Group’s principal business is the sale of nearly-new vehicles, the majority of which are up to two years old and which have covered less than 15,000 miles. Motorpoint sells vehicles from brands representing over 95 per cent of new vehicle sales in the United Kingdom, with models from Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi and BMW being amongst the top sellers. The Group operates from 13 retail sites across the United Kingdom: Birmingham, Birtley, Burnley, Castleford, Chingford, Derby, Glasgow, Newport, Oldbury, Peterborough, Sheffield, Swansea and Widnes, of which five have opened in the last five years; together with a national contact-centre dealing with online enquiries.

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