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Marshall makes two finance promotions

Marshall Motor Group, the top 10 AM100 dealer group, has announced two more senior

Francis Laud has been made group financial controller at the dealer group’s parent company, Marshall of Cambridge (Holdings) Limited.

Laud, who is a fellow of the Association of Chartered Certified Accountants, joined Marshall from school as a trainee accountant 26 years ago, has been finance director for Marshall Motor Group for nine years.

He will continue as finance director for Marshal Leasing and Marshall Motor Holdings, which comprises Marshall Motor Group and Marshall Leasing.

Stepping into the vacancy is Martin Wastie who has been promoted to finance director of Marshall Motor Group.

Wastie has been financial controller at Marshall Motor Group for two years.

He is a fellow of the Institute of Chartered Accountants and joined Marshall from Young & Co’s Brewery, where he was financial controller.

Prior to Young’s, Wastie held various senior financial positions at Inchcape and Volkswagen Group, having qualified as an accountant at KPMG.

The appointments follow quickly after the promotion of Tim Phillips to the executive board as brand director for Honda.

Daksh Gupta, Marshall Motor Holdings' chief executive, said: “I am delighted that this is our third senior internal promotion in as many weeks. We are committed to developing our colleagues at Marshall, indeed our apprentice training programme began in 1920 and has run continuously since then.

"Over the last year or so we have invested heavily in developing the leadership skills of our senior managers and we are now starting to do the same with our leaders of the future.

Such investment, alongside our multi-million pound investment each year in industry-specific training, including the IMI AMA and ATA programmes, is essential if we are to create career opportunities for our colleagues and grow our own business leaders in the process.”

The changes are effective from July 1.

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