Lookers appoints new CEO

2nd Jan 2014 10:30

Lookers has appointed Andy Bruce as its Chief Executive Officer to replace Peter Jones who is retiring from the position.The car dealership chain said the change is part of a "succession plan"."Peter has been an outstanding Chief Executive of the group since his appointment on October 1st 2009," said Chairman Phil White."He has led the company during a period where the profitability and market capitalisation of the company have increased significantly with consecutive record results from 2009 to the present day."RD