Pendragon has announced that Tim Holden (pictured) will be standing down as finance director in March 2019.
He will be succeeded by Mark Willis.
Holden will leave the company after 11 years with Pendragon, and 10 years on the board as finance director, to pursue other interests.
Pendragon’s chief executive Trevor Finn said: “I would like to thank Tim for his important contribution to the growth and robust financial health of the company during the time he has been with us, initially as financial controller and for the last ten years on the Board as finance director. We wish him all the best for his future plans.”
The company is pleased to announce that Mark Willis will be joining Pendragon as finance director, with the effective date of appointment to be subsequently confirmed.
Willis will join Pendragon from Ten Entertainment Group where he has been chief financial officer since taking it through its IPO in April 2017.
Prior to this he worked at Home Retail Group, including roles as Argos finance director, director of group finance and investor relations director.
Finn said: “Mark brings a breadth of financial and commercial experience combined with strategic and operational expertise, and is ideally suited to take Pendragon through the next phase of its transformation.”