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Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations

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Group 1 Automotive (NYSE: GPI) has appointed Mark Raban as CEO of its U.K. operations. Raban, with over 20 years of executive experience in automotive retail operations and finance, will oversee the integration of recently acquired Inchcape dealerships and drive strategic growth in the U.K. His focus will be on enhancing customer experience and reinforcing OEM partnerships.

Raban's previous roles include CEO and CFO at Lookers Motor Group, CFO at Marshall Motor Holdings, and senior finance positions at Inchcape Retail, Selfridges, and Borders. Group 1 has operated in the U.K. since 2007 and now has 114 dealerships across the market, representing brands such as Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen, and Volkswagen Commercial Vehicles.

Group 1 Automotive (NYSE: GPI) ha nominato Mark Raban come CEO delle sue operazioni nel Regno Unito. Raban, con oltre 20 anni di esperienza dirigenziale nel settore retail automobilistico e nella finanza, supervisionerà l'integrazione dei concessionari Inchcape recentemente acquisiti e guiderà la crescita strategica nel Regno Unito. Il suo obiettivo sarà migliorare l'esperienza del cliente e rafforzare le partnership con i produttori di veicoli originali (OEM).

Le esperienze pregresse di Raban includono ruoli di CEO e CFO presso Lookers Motor Group, CFO presso Marshall Motor Holdings e posizioni di alta finanza presso Inchcape Retail, Selfridges e Borders. Group 1 opera nel Regno Unito dal 2007 e ora conta 114 concessionarie sul mercato, rappresentando marchi come Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen e Veicoli Commerciali Volkswagen.

Group 1 Automotive (NYSE: GPI) ha designado a Mark Raban como CEO de sus operaciones en el Reino Unido. Raban, con más de 20 años de experiencia ejecutiva en operaciones de venta al por menor de automóviles y finanzas, supervisará la integración de los concesionarios de Inchcape recién adquiridos y promoverá el crecimiento estratégico en el Reino Unido. Su enfoque estará en mejorar la experiencia del cliente y reforzar las asociaciones con los fabricantes de equipos originales (OEM).

Los roles anteriores de Raban incluyen CEO y CFO en Lookers Motor Group, CFO en Marshall Motor Holdings y posiciones de alto nivel en finanzas en Inchcape Retail, Selfridges y Borders. Group 1 opera en el Reino Unido desde 2007 y ahora cuenta con 114 concesionarios en el mercado, representando marcas como Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen y Vehículos Comerciales Volkswagen.

Group 1 Automotive (NYSE: GPI)는 영국 사업 부문의 CEO로 Mark Raban을 임명하였다. Raban은 자동차 소매 운영 및 금융 분야에서 20년 이상의 경력을 가지고 있으며, 최근에 인수한 Inchcape 대리점의 통합을 감독하고 영국에서 전략적 성장을 이끌 것입니다. 그의 초점은 고객 경험을 향상시키고 OEM 파트너십을 강화하는 것입니다.

Raban의 이전 역할에는 Lookers Motor Group의 CEO 및 CFO, Marshall Motor Holdings의 CFO, Inchcape Retail, Selfridges 및 Borders의 고위 금융직이 포함됩니다. Group 1은 2007년부터 영국에서 운영되고 있으며 현재 114개의 대리점을 보유하고 있습니다, Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen 및 Volkswagen 상용차와 같은 브랜드를 대표합니다.

Group 1 Automotive (NYSE: GPI) a nommé Mark Raban au poste de PDG de ses opérations au Royaume-Uni. Raban, fort de plus de 20 ans d'expérience exécutive dans les opérations de vente au détail automobile et dans la finance, supervisera l'intégration des concessionnaires Inchcape récemment acquis et favorisera la croissance stratégique au Royaume-Uni. Son objectif sera d'améliorer l'expérience client et de renforcer les partenariats avec les fabricants d'équipements d'origine (OEM).

Les précédents postes de Raban incluent PDG et CFO chez Lookers Motor Group, CFO chez Marshall Motor Holdings, ainsi que des postes financiers seniors chez Inchcape Retail, Selfridges et Borders. Group 1 opère au Royaume-Uni depuis 2007 et compte maintenant 114 concessionnaires sur le marché, représentant des marques telles qu'Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen et Volkswagen véhicules commerciaux.

Group 1 Automotive (NYSE: GPI) hat Mark Raban zum CEO seiner britischen Operationen ernannt. Raban, der über 20 Jahre Erfahrung in der Automobilvertriebsbranche und im Finanzwesen verfügt, wird die Integration der kürzlich erworbenen Inchcape-Händler überwachen und das strategische Wachstum im Vereinigten Königreich vorantreiben. Sein Fokus liegt auf der Verbesserung des Kundenerlebnisses und der Stärkung der OEM-Partnerschaften.

Zu Rabans früheren Positionen gehören CEO und CFO der Lookers Motor Group, CFO bei Marshall Motor Holdings und leitende Finanzpositionen bei Inchcape Retail, Selfridges und Borders. Group 1 ist seit 2007 im Vereinigten Königreich tätig und verfügt nun über 114 Händler im Markt, die Marken wie Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen und Volkswagen Nutzfahrzeuge vertreten.

Positive
  • Appointment of experienced executive Mark Raban as CEO of U.K. operations
  • Expansion of U.K. presence with 114 dealerships and diverse brand portfolio
  • Strategic focus on integrating newly acquired Inchcape dealerships
  • Emphasis on enhancing customer experience and strengthening OEM partnerships
Negative
  • None.

HOUSTON and LONDON, Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer ("CEO") of Group 1 Automotive U.K.

Raban brings more than 20 years of executive experience in automotive retail operations and finance to Group 1.  In this new role, he will oversee the integration of the recently acquired Inchcape dealerships to drive strategic growth in the U.K.  Leveraging the Company's expanded brand portfolio and presence, Raban will also focus on enhancing customer experience and reinforcing Group 1's strong OEM partnerships.

"Mark is a proven leader with a history of success in the U.K. motor trade," said Daryl Kenningham, Group 1's President and CEO.  "Following the transformative growth of our U.K. business, he will be instrumental in creating a high-performing culture among our team members and engaging customers across our expanded dealership network."

Prior to joining Group 1, Raban progressed from Chief Financial Officer ("CFO") to CEO at Lookers Motor Group, a dealership group in the U.K. and Ireland.  Prior to joining Lookers, he served as CFO of Marshall Motor Holdings and held senior finance roles at companies such as Inchcape Retail, Selfridges, and Borders.

"I am excited to join the accomplished team at Group 1 during a pivotal moment for the organization and look forward to empowering our teams throughout the country," said Raban.  "By harnessing our combined strengths, we can drive operational excellence and customer-centric innovation.  We have an opportunity to set the highest standard for automotive retailing in the U.K."

Group 1 has operated in the U.K. since 2007.  Today, the Company has 114 dealerships across the market and an extensive brand portfolio including Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen and Volkswagen Commercial Vehicles.

ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 owns and operates 260 automotive dealerships, 338 franchises, and 44 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles.  Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.

Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, and www.facebook.com/group1auto.

Investor contacts:
Terry Bratton
Manager, Investor Relations
Group 1 Automotive, Inc.
ir@group1auto.com

Media contacts:
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com

Cision View original content:https://www.prnewswire.com/news-releases/group-1-automotive-appoints-mark-raban-as-ceo-of-uk-operations-302263373.html

SOURCE Group 1 Automotive, Inc.

FAQ

Who is the new CEO of Group 1 Automotive's U.K. operations?

Mark Raban has been appointed as the new CEO of Group 1 Automotive's U.K. operations.

What is Mark Raban's background in the automotive industry?

Mark Raban has over 20 years of executive experience in automotive retail operations and finance, including roles as CEO and CFO at Lookers Motor Group and CFO at Marshall Motor Holdings.

How many dealerships does Group 1 Automotive (GPI) have in the U.K.?

Group 1 Automotive (GPI) currently operates 114 dealerships across the U.K. market.

What are Mark Raban's main responsibilities as CEO of Group 1 Automotive's U.K. operations?

Mark Raban will oversee the integration of recently acquired Inchcape dealerships, drive strategic growth, enhance customer experience, and reinforce OEM partnerships in the U.K.

Group 1 Automotive, Inc.

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