REG - Pinewood Tech Gp PLC - Directorate Changes

Pinewood TechnologiesAnnouncement

14/10/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251014:nRSN1185Da&default-theme=true

RNS Number : 1185D  Pinewood Technologies Group PLC  14 October 2025

14 October 2025

Pinewood Technologies Group PLC

("Pinewood.AI" or "the Company")

 

 

Directorate Changes

 

Pinewood Technologies Group PLC, a leading pure-play cloud-based software
business providing innovative retail solutions to the automotive industry, is
pleased to announce the appointments of two Independent Non-Executive
Directors to the Board. Shruthi Chindalur and Dr Robert Plant will join the
Board with effect from 14 October 2025. Shruthi and Robert will both serve on
the Company's Nomination Committee.

 

Shruthi has 25 years' experience across technology, commercial and
go-to-market strategy. She previously held senior leadership roles at Oracle,
LinkedIn and Criteo, where she led commercial strategy, international
expansion and business transformation across EMEA and the Americas. She most
recently held a Non-Executive Director role at The Access Group for four years
and is currently a Non-Executive Director at Bytes Technology Group plc and
Kainos Group plc, in addition to her role as an Advisory Board Member at
FirstParty Capital.

 

Robert has over three decades of experience spanning technology, strategy and
education. He is the founding Chair of the Department of Business Technology
at the University of Miami and an associate professor at the University of
Miami's Herbert Business School. His innovative work is focused on AI. He has
advised global firms including Polen Capital, the global asset manager, and
currently serves on the advisory board of Arreva, a fundraising and donor
management software business. He has taught executive MBAs across the world
and is a frequent contributor on technology issues to publications including
the Financial Times, Forbes Insights and Harvard Business Review.

 

Ian Filby, Non-executive Chairman of Pinewood.AI, commented:

"On behalf of the Board, I am delighted to welcome Shruthi and Robert to the
Pinewood.AI Board. Their appointments add further breadth and depth to our
Board, and we look forward to their contributions. Shruthi and Robert bring a
wealth of industry and technical experience, and I am confident that they will
be great assets to the business as we look to drive forward our strategy and
create further value for shareholders."

 

Shruthi Chindalur, Non-Executive Director, commented:

"With its recent promotion to the FTSE 250 and a clear strategy for growth,
Pinewood.AI is at an exciting stage in its journey. I look forward to
supporting the company's ambitions and believe my background in technology,
SaaS, sales and business development will be beneficial to the next phase of
its success."

 

Dr Robert Plant, Non-Executive Director, commented:

"Pinewood.AI is taking exciting steps to incorporate innovative AI
technologies into its products and use them to deliver new solutions for
customers. This is a compelling element of Pinewood.AI's proposition, and it
has been strengthened by the recent acquisition of Seez. I am looking forward
to working with the Board and the management team on using our technology to
meet the full potential of this business."

 

Enquiries:

 Headland Consultancy (PR & Communications)      +44 (0) 20 3805 4822
 Henry Wallers
 Jack Gault

 

About Pinewood Technologies Group PLC:

 

Established in 1981, Pinewood Technologies Group PLC (Pinewood.AI) is a
leading cloud-based full-service technology provider to automotive retailers
and OEMs. Pinewood.AI's system is a market-leading automotive intelligence
platform, which has been developed collaboratively with dealers and OEMs to
provide secure software across sales, aftersales, accounting and CRM. With
headquarters located in the UK and North America, Pinewood.AI serves a global
user base spanning over 20 countries and has long-standing partnerships with
over 50 OEM brands.

 

Previously part of Pendragon PLC, in 2024 Pinewood.AI became an independent
entity following the sale of Pendragon's UK Motor and Leasing divisions to
Lithia Motors Inc, one of the largest automotive retailers in North America.
In February 2025, Pinewood Technologies Group PLC acquired Seez, an automotive
AI & ML SaaS platform. LON: PINE, OTCQX: PINWF

 

For more information, visit Pinewood.AI

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEANEDFSFSFEA



            Copyright 2019 Regulatory News Service, all rights reserved