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The brand new chief govt of AM100 automobile vendor Marshall Motor Group has been revealed to be Pendragon veteran Martin Casha.
Casha will go away Pendragon, the place he’s chief working officer, in November this yr to steer Marshall, which was acquired by Constellation Automotive in 2022 – a transfer which was accompanied by the exit of Marshall’s excessive profile chief govt Daksh Gupta.
In an announcement at present Pendragon revealed that Casha, who co-steered the one-time greatest UK motor retail alongside Trevor Finn after it was cut up off from Williams plc in 1989 with simply 19 dealerships, won’t get replaced and his reporting traces can be redistributed throughout Pendragon’s senior management staff.
Casha stated: “I’ve been very lucky to have loved a implausible profession at Pendragon. It has been a privilege to be a part of a first-class organisation and I wish to thank the staff that I’ve had the pleasure of working with. I want them each success for the longer term.”
A brand new chairman of the board is on the playing cards for Pendragon, which introduced final month that non-executive chairman Ian Filby can be leaving.
At its peak, led by Finn and Casha, Pendragon had greater than 300 franchised dealerships, together with websites in Germany and America, and turnover exceeding £5 billion which saved it within the prime spot of the AM100.
Its main acquisitions included Quicks, CD Bramall and Reg Vardy and it as soon as additionally made a play for main rival Lookers, which was thwarted by Tony Bramall.
Invoice Berman, Pendragon’s second chief govt since Finn’s departure in 2019, stated: “On behalf of the board and all our associates, I wish to thank Martin for his contribution to Pendragon.
“He has been instrumental to the expansion of the enterprise and extra just lately, he has performed an necessary function in implementing our technique to rework automotive retail by means of digital innovation and operational excellence. We want him all one of the best for his future endeavours.”
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