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Thursday, April 4, 2024

Lookers’ McPhee exits AM100 big after 15 years as COO


Duncan McPhee is stepping down from his position because the chief working officer of AM100 dealership big Lookers.

“After greater than 15 years at Lookers, Duncan McPhee has determined to step down from his position as chief working officer,” confirmmed Kuldeep Billan, govt chairman of Lookers.

 “Final yr was a transformational interval for Lookers, as we transitioned from being a listed firm on the London Inventory Change to personal possession. All through this era of change, Duncan has performed an essential position and made a big contribution. I’m certain you’ll all be a part of me in wishing him each success sooner or later.

“From this date, our operations committee will report immediately into Steve Kwak, our world chief working officer, who a lot of you’ll already know.”

Duncan McPhee, commented: “After practically 16 years at Lookers, it’s superb how far the enterprise has progressed and I’m proud to have been be part of it. One of many many highlights has been working with a incredible workforce of individuals. I want my colleagues and the Lookers enterprise each success sooner or later.”

Lookers is likely one of the largest multi-franchise supplier teams within the UK and Eire, representing 33 quantity and premium automobile producers throughout a community of over 150 franchised places.

The group transitioned to personal possession in October final yr, following a £504 million deal by Canadian agency Alpha Auto Group prompting the departure of its chief govt Mark Raban on the finish of December.

The enterprise accomplished a evaluate of its enterprise and operations following the deal, which led to 650 redundancies throughout the group.

Final week, Lookers opened its first new and used multi-franchise Automotive Hub retail idea in Middlesbrough. The £6m funding has a particular deal with electrical automobile (EV) gross sales with a devoted EV Expertise Centre .

Final yr, Lookers additionally invested £3m remodeling its Volkswagen dealership in Teesside, bringing each its native VW automobile and van websites collectively into one consolidated redeveloped location.

In January this yr, it additionally formally opened a brand new Nissan showroom in Sunderland as a part of a method to increase its presence within the northeast.

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