200922 Motor trader. MARK RABAN Ceo Lookers
At Mercedes Gatwick.
Group 1 has appointed Daniel McHenry as president and CEO of its UK business.
McHenry replaces Mark Raban, who is leaving the company after two years as the head of the UK business.
Raban won the Motor Trader Outstanding Achievement award for his turnaround of the Lookers business.
Prior to becoming CFO for Group 1 McHenry spent 13 years in Group 1’s UK operations. He will lead the UK business while continuing in his CFO role, reporting to Daryl Kenningham, Group 1’s president and CEO.
“Daniel is an exceptional talent, and his proven leadership and experience make him the right leader for our UK business.
“We believe he will have a very positive impact. This appointment gives Daniel valuable operational experience, a reflection of our commitment to talent development and succession planning.”
McHenry said: “I am proud to take on this role,” said McHenry, “and look forward to building on what Group 1 has already achieved in the UK.
“Our US and UK businesses have distinct strengths and drawing on those strengths and the broader resources of Group 1 presents a tremendous opportunity for our team and our shareholders.”
A native of Belfast, Northern Ireland, McHenry holds a Bachelor’s degree in Economics from Queen’s University Belfast and a Master’s degree in Accounting and Management Science from the University of Southampton. Prior to his 2020 appointment as CFO, he served as UK Finance Director for Group 1.
Kenningham concluded, “I would also like to thank Mark for his contributions to our UK business and wish him nothing but the best in the future.”
