Wednesday, September 30, 2009
Lookers plc Board Changes
As previously announced, Ken Surgenor retires from the Board of Lookers today, having served eight years as CEO and worked for the company for 23 years. He is replaced by Peter Jones, currently Managing Director of the Motor Division, who joined the Board in May 2008. Peter, 52, has extensive motor trade experience having been CEO of CD Bramall plc for six years and more recently as co-owner of Bramall & Jones Limited.
Phil White, Chairman of Lookers, commented: "Ken Surgenor was the architect of Lookers' recent growth including the acquisition of FPS, which was a transformational deal for the Group. Ken's own particular style and passion for the business have made Lookers one of the most reputable companies in the sector. I am therefore delighted that he will be staying with the Group overseeing our Northern Ireland operations.
"I am pleased to announce that Peter Jones is stepping up to the position of Chief Executive. Peter has a great track record in the industry and has done a tremendous job for us since joining Lookers and we look forward to him leading the Group in its next stage of development."
DATED: 30.09.09
FEED: Hemscott