David Forsyth has left as finance director of Pendragon in order to ‘pursue other interests’ and has been replaced by Tim Holden.

Holden worked with KPMG before joining Pendragon as financial controller 18 months ago and has worked closely with Forsyth “to ensure a smooth handover of responsibility”.
Forsyth leaves the group after 12 years on the Pendragon board as finance director.

Pendragon chief executive Trevor Finn said: "I would like to thank David for his commitment and endeavor during his period with the group and wish him all the best for his future plans."

Finn said the group has continued to trade in line with expectations and Pendragon’s performance was already ahead of original plans for next year.