S & U PLC Appointment by Advantage Finance of New CEO (3720N)
24 Settembre 2019 - 8:02AM
UK Regulatory
TIDMSUS
RNS Number : 3720N
S & U PLC
24 September 2019
24 SEPTEMBER 2019
S&U PLC
("S&U" or the "Company")
APPOINTMENT BY ADVANTAGE FINANCE OF NEW CEO
S&U plc (LSE: SUS), the specialist motor finance and
bridging lender, announces the appointment of Graham Wheeler as CEO
of S&U's market leading motor finance business, Advantage
Finance. Graham joins the Company on 1(st) October 2019.
Graham will take the reins at Advantage Finance from Guy
Thompson, who is planning to retire in 2020. Guy was instrumental
in founding the Company in 1999 and has led it for over 20
successive years of annual profit growth.
Graham has dedicated his working life to the UK motor finance
industry. He began his career with GMAC and was part of the
original team at GE Capital Motor Finance in 1990. Joining
Volkswagen Financial Services ("VWFS") as an Area Manager in 1995,
Graham rose to be CEO of VWFS UK, transforming it into Britain's
largest car finance business with a combined asset base of GBP13bn
and over one million customers.
Graham later became Jaguar Land Rover's Director for Global
Financial Services and then developed a digital car financing
business for Shawbrook Bank. In 2018 he was inducted into the
International Asset Finance Network Hall of Fame.
Graham Wheeler commented: "I am delighted and proud to be able
to lead Advantage on the next stage of its remarkably successful
journey. I pay tribute to Guy Thompson and the team he has built at
Advantage and very much look forward to working with them in the
years to come."
For further information, please contact:
S&U plc www.suplc.co.uk
Anthony Coombs, Chairman 0121 705 7777
Peel Hunt LLP
Adrian Trimmings, Rishi Shah 020 7418 8900
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Newgate Communications
Bob Huxford, Tom Carnegie, Megan Kovach 020 7653 9840
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END
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