Board Change
Summary by AI BETAClose X
31 October 2025
AUTO TRADER GROUP PLC
BOARD CHANGE
Auto Trader Group PLC (LSE: AUTO, "Autotrader" or the "Company"), the UK's largest digital automotive marketplace, announces that Catherine Faiers has informed the Board of her intention to step down as Chief Operating Officer in order to take up a CEO position at another UK listed company.
The Company will implement a smooth and orderly transition, with details of succession arrangements and the final leaving date for Catherine to be shared in due course.
Nathan Coe, CEO of Autotrader, said:
"We are grateful for Catherine's contribution to Autotrader over the past eight years. She has demonstrated extraordinary commitment, strong values and a deep care for Autotrader and its people, customers and shareholders. Catherine has been instrumental to many of the changes we have made in the business and will be missed. However, we are in the fortunate position to have a depth of talent at Autotrader enabling us to continue with our existing strategy and plans without interruption. We wish her every success in her new role."
Catherine Faiers of Autotrader, said:
"It has been a privilege and a true career highlight to serve on the Board and leadership team of Autotrader. Being part of the team driving innovation and growth in a business whose data and technology underpin the UK automotive industry has been both inspiring and immensely rewarding. I'm proud to have contributed to shaping Autotrader's strategy and growth during this pivotal period. I wish the entire team every success as they continue to lead and transform the industry."
This announcement is made pursuant to Listing Rules 6.4.6R. It also contains information that qualifies or may qualify as inside information within the meaning of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of English law by virtue of the European Union (Withdrawal) Act 2018.
Enquiries:
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Sodali & Co
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+44 (0) 20 7250 1446 |
About Autotrader
Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Autotrader's purpose is Driving Change Together. Responsibly. Autotrader is committed to improving the efficiency of car buying and selling in the UK, to building stronger partnerships with customers, using its influence to drive more environmentally friendly vehicle choices and enabling this through a culture that enables our people to develop and perform. With the largest number of car buyers and the largest choice of trusted stock, Autotrader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Autotrader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.
Autotrader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles each day. This data is used by the Bank of England to feed the broader UK economic indicators.
For more information, please visit: https://plc.autotrader.co.uk/
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