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Marshall Motor Hldgs (MMH)

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Monday 19 April, 2021

Marshall Motor Hldgs

Professor Richard Parry-Jones CBE

RNS Number : 8547V
Marshall Motor Holdings PLC
19 April 2021
 

19 April 2021

 

MARSHALL MOTOR HOLDINGS PLC

 

Professor Richard Parry-Jones CBE

The Board of Marshall Motor Holdings Plc is deeply saddened to announce the sudden passing of its Chairman, Professor Richard Parry-Jones CBE, on 16 April 2021 following a tragic accident near his home in Wales. Richard has been Chairman of the Board since January 2019.

Alan Ferguson, Senior Independent Director, will assume the role of Chairman in the interim.

 

Daksh Gupta, Chief Executive Officer, said:

"Richard was not only an exemplary Chairman but a great mentor and friend to me.  He was very passionate about Marshall and was excited about the future prospects for the Group. We were so fortunate to have him as our Chairman and I will miss him enormously; it is a tragedy that we, and the wider industry, have lost him so soon."

Alan Ferguson, Senior Independent Director, said:

"Richard was an enormously well-respected, popular and influential figure in the automotive industry and his passing is a great loss, both to Marshall and to the sector as a whole.

Richard will be hugely missed by the Board and our thoughts are with his family and loved ones at this very difficult time."

 

ENDS

 

For further information and enquiries please contact:

 

Marshall Motor Holdings plc

c/o Hudson Sandler

Daksh Gupta, Chief Executive Officer

Tel: +44 (0) 20 7796 4133

Richard Blumberger, Chief Financial Officer

 


Investec Bank plc (Financial Adviser, NOMAD & Broker)

Tel: +44 (0) 20 7597 5970

Christopher Baird


David Flin


David Anderson

 


Hudson Sandler

Tel: +44 (0) 20 7796 4133

Nick Lyon

Bertie Berger


Nick Moore


 

 

Notes to Editors

About Marshall Motor Holdings plc  ( www.mmhplc.com )

The Group's principal activities are the sale and repair of new and used vehicles. The Group's businesses have a total of 113 franchises covering 22 brands, across 28 counties in England. In addition, the Group operates six trade parts specialists, two used car centres, six standalone body shops and one pre delivery inspection centre.

 

In 2020 the Group was recognised by the Great Place to Work Institute, being ranked the 12th best place to work in the UK (super large company category). This was the eleventh year in succession that the Group has achieved Great Place to Work status.  

 

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