Lookers has appointed Heather Jackson as non-executive director of the company, effective immediately.
Jackson was previously global chief information officer at HBOS and previously held senior positions at Capital One, Boots, Asda and Accenture Consulting working on change management, digital, IT and operations.
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Before joining Lookers she held the position of non-executive director at JD Sports, Skipton Building Society and Ikano Bank AB.
Paul White, chairman of Lookers said: “We are delighted that Heather has joined the board of Lookers. Her regulatory expertise, as well as experience on digital technology and change and her current NED roles will be of great value to us. She is a great addition to the board at a very important time for the group.”
Lookers recently reported a challenging Q3 with a 3.2% decline in like-for-like sales of new cars and a 11.5% decline in like-for-like sales to retail customers. Ongoing weakness in consumer confidence, pressure on used car margins and retail cost inflation were cited as reasons for the downturn in sales.
Reacting to market challenges Lookers said it accelerated its portfolio consolidation to improve the future performance of the group. Some 15 dealerships have been identified for closure, while other sites face relocation or consolidation into nearby dealerships.
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By GlobalDataA statement from the company read: “The board believes that as well as driving financial efficiencies, this will facilitate an enhanced customer experience in line with the group’s strategy of partnering with the right brands in the right locations. With the exception of two dealerships all will be closed by 31 December 2019.”
