Inchcape plc is pleased to announce the appointment of Byron Grote as a Non-Executive Director with effect from 3 January 2023. Byron will become a member of the Audit and Nomination Committees upon appointment.
Byron has extensive experience across a range of leading international businesses at Board level, particularly in finance and chairing audit committees. Having previously been Chief Financial Officer at BP plc between 2002 to 2011, Byron is currently Senior Independent Director at Tesco plc, Non-Executive Director at InterContinental Hotels Group plc, and Deputy Chairman of the Supervisory Board at Akzo Nobel N.V. Byron is also Non-Executive Director at Standard Chartered plc (retiring on 30 November 2022). Byron has previously served on the Boards of Unilever plc and Anglo-American plc.
Nigel Stein, Chairman, commented: “I am delighted that Byron is joining the Inchcape Board. Byron’s extensive finance and international experience will both complement and strengthen the existing Board. We are looking forward to working with him.”
There is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 in respect of this appointment.