Coe to take the wheel at Auto Trader one month early
Auto Trader Group
695.40p
16:40 26/04/24
Auto Trader said new chief executive Nathan Coe would take over one month earlier than expected after a smooth handover period.
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The used-car marketplace said Coe would replace Trevor Mather on 1 March instead of 1 April after Mather retires earlier than planned on 29 February. Coe, Auto Trader's chief financial officer, was named as Mather's successor in April 2019.
Jamie Warner will take over as CFO and join the board on 1 March. Warner's promotion from deputy CFO was also announced in April. Coe and Warner will be in place to report on Auto Trader's annual results in June.
The FTSE 100 company said: "The transition to the new executive team has progressed well and, as a result, the board has now agreed an earlier handover date."