10:44 am, June 18, 2026
Mark Raban’s departure from Group 1 Automotive has been made official after he was terminated as a director of the dealer group.
Car Dealer reported last month that Raban was to leave his position as CEO after two years at the helm, to be replaced by Daniel McHenry.
While Raban’s next destination remains unknown, his time at Group 1 has now officially come to an end.
A Termination of Appointment notice was filed via Companies House on Tuesday (June 16), confirming that Raban left his post on May 19.
McHenry’s own appointment was confirmed via a separate filing on June 10.
McHenry was already serving as chief financial officer for Group 1 and he will lead the UK business while continuing in his CFO role, reporting to Daryl Kenningham, Group 1’s president and CEO.
Kenningham commented: ‘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 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.’
