Peter Vardy Group has named James MacLeay as chief financial officer to support its transition from automotive retail operations to a broader investment strategy focused on technology and mobility.
MacLeay brings experience in corporate finance and mergers and acquisitions, with a background in structuring complex transactions and scaling international businesses. His appointment follows the group’s sale of the majority of its UK motor retail business earlier this year.
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The group is now concentrating on investment-led growth through ventures such as CarMoney, its digital car finance platform, and other technology-led businesses operating in areas including artificial intelligence, electric vehicles and software-as-a-service.
Chief executive Peter Vardy said MacLeay’s expertise would be “invaluable” as the group expands its portfolio. “We’re now focused on investing in high-growth ventures that are transforming how people access and finance mobility,” he added.
MacLeay said he looked forward to supporting the group’s next phase, describing Peter Vardy Group as having “a track record of building businesses that combine commercial success with positive impact”.
The group continues to reinvest profits into its charitable arm, the Peter Vardy Foundation, and its education initiative Gen+, which has supported over 40,000 young people in Scotland.
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By GlobalDataVardy noted that the group’s transformation reflects a broader shift in focus. “It’s about creating businesses that deliver value, opportunity and impact,” he said.
