Luxury car dealer HR Owen, now under control of Berjaya Philippines Incorporated, has announced its chairman Jon Walden has resigned.
Walden has stepped down with immediate effect, and senior non-executive director Debbie Hewitt will chair the board until a new chairman is appointed.
Hewitt said: "Jon joined the Board in January 2010 and was instrumental
in initiating the subsequent strategic changes in the business which have
delivered significant shareholder value. On behalf of the board I would like to
thank him for his contribution and wish him well for the future."
Berjaya Philippines Incorporated's takeover offer for luxury car dealer HR Owen ended on Friday, leaving Berjaya with a controlling stake in the London-based motor retailer.
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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