Vertu Motors welcomes David Gillard to its Board as Independent Director

– UK, Gateshead –  Vertu Motors plc (LON: VTU), the automotive retailer with a network of 192 sales outlets across the UK, today announced the appointment pf David Gillard to its Board as an independent non-executive director effective from 2 January 2024.

“We are extremely pleased to welcome David to the Vertu Board. He will further add to the Group’s significant financial expertise as his experience across a number of sectors and functions have given him a strong grounding across various aspects of financial governance. I very much look forward to working with him.” said Board Chairman, Andy Goss.

David Gillard will also join the audit committee, nominations committee, and remuneration committee.

About David James Gillard

David Gillard is currently a Non-Executive Director and the Chair of the Audit Committee at Bradford and Sons Limited, a builders’ merchant, and was previously the Group Finance Director and Deputy to the Managing Partner at DAC Beachcroft LLP, the international law firm. Earlier, David held a variety of senior finance positions in several organizations, operating across several sectors, in the U.K. and overseas.

David Gillard said: “I am delighted to be joining the Board at Vertu, with its impressive range and depth of experience, at this exciting time for the Group and the sector in which it operates.”

About Vertu Motors

Vertu Motors is the fourth largest automotive retailer in the UK with a network of 192 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu and Macklin Motors brand names.

Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group’s acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 188 franchised sales outlets and 4 non-franchised sales operations from 145 locations across the UK.

SOURCE: https://www.vertumotors.com/

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