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PDG - Pendragon News Story

7.25p 0.2  2.8%

Last Trade - 08/04/20

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £98.5m
Enterprise Value £479.9m
Revenue £4.08bn
Position in Universe 882nd / 1834

Pendragon PLC: Directorate Change

Wed 19th February, 2020 7:00am
Pendragon PLC

(“The Company”)

DIRECTORATE CHANGE:

Appointment of Chief Executive Officer

Pendragon PLC is pleased to announce the appointment of Bill Berman as Chief
Executive Officer with immediate effect.

Bill joined Pendragon as a Non-Executive Director in April 2019, and since
October 2019, has performed the role of Interim Executive Chairman, providing
leadership and strategic direction to the Company.  Bill will continue to
perform the role of Chairman on an interim basis while the process for the
recruitment of a permanent Non-Executive Chairman continues. 

Prior to joining Pendragon, Bill served as President and Chief Operating
Officer of AutoNation, the largest automotive retailer in America, where he
was responsible for AutoNation’s 26,000 associates and the operational
performance of the company’s 300+ new vehicle franchises, including new and
used vehicle sales and aftersales.  He has over 30 years’ experience in
automotive retail.

Bill Berman, Chief Executive Officer, commented: “In my relatively short
time with the business, it is already clear to me that Pendragon is a company
with great potential and a talented team.  As Chief Executive Officer, I look
forward to building on strong relationships with our team members, customers,
suppliers, our OEM partners and investors as we move forward together in a
period of rapid change and innovation in the automotive retail sector.”

 Enquiries                                                                    
 Henry Wallers  Jack Gault  Headland  Headland  0203 805 4822  0203 805 4822  

Additional Information
1. Listing Rule 9.6.13R
The Company confirms that there are no further disclosures to be made in
connection with Mr Berman’s appointment in accordance with Listing Rule
9.6.13R.  



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