10:18 am, January 2, 2014
DEALER group Lookers has announced its CEO Peter Jones has retired from the company.
Jones’ replacement is Andy Bruce (pictured) who was formally chief operating officer.
Phil White, chairman of Lookers, said: ‘Peter has been an outstanding chief executive of the group since his appointment on October 1, 2009. 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.
‘I am particularly pleased that Peter has been succeeded by Andy who is a key member of our board and the development of the motor division under Andy’s leadership has been tremendous. I have absolute and total confidence that the group’s continuing development could not be in better hands and we wish Andy continued success in his new role.’
