THE finance director of Inchcape, John McConnell, is to leave the automotive group after 16 years with the business, the company has announced.
McConnell, group FD for the past six years, will formally leave in March 2016 and return to his native Australia.
Ken Hanna, Inchcape group chairman said: “John’s expertise and insight as both group finance director and a member of the executive committee have been invaluable and he leaves behind a strong team and a business in great shape.”
McConnell said: “I have very much enjoyed my time with Inchcape, both running the Australasia operations for four years, and then as group FD in the UK. It is now time for me and my family to return to Australia and move on to the next chapter in our lives. Inchcape is an outstanding company and I am proud to have been part of its success over the past 16 years.”
Earlier this week, Nigel Stein, the boss of FTSE 100 engineering group GKN and its former finance director, joined the Inchcape board as a non-executive director.
Stein, who served as GKN’s group finance director before becoming chief executive in January 2012, will join the automotive group’s audit committee upon appointment.
The finance chief of the Daily Mail has been recruited by Rolls-Royce after a management shake-up at the engineering group has resulted in the departure of its chief financial officer
Global mining company Anglo American has appointed Stephen Pearce as finance director, following René Médori's decision to retire
Three former Tesco executives, including the former finance director of Tesco UK, have denied charges of fraud and false accounting in relation to a £326m accounting scandal at the supermarket
The majority of finance bosses want to reach the position of chief executive, according to new research from Robert Half