StockMarketWire.com - Auto retailer Pendragon said it had appointed Mark Herbert as its new chief executive, effective 4 March.

Herbert would replace Trevor Finn, who's departure was announced by the company in December.

He would join Pendragon following a 20-year executive career with Jardine Matheson Group, where he was most recently CEO of gold storage Singapore.

'Mark is a proven, successful leader and I'm pleased to welcome him to the company,; chairman Chris Chambers said.

'He is the ideal person to lead Pendragon through the next phase of its development and we all look forward to working with him as we continue to implement our established strategy.'




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