Experienced non-exec directors join Swindon car dealer group Cambria’s board

February 16, 2017
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Cambria, the Swindon-based franchised motor dealer, has appointed two non-executive directors to its main board.

Paul McGill and William Charnley both bring extensive motor retail industry experience to Cambria, which owns Swindon Motor Park in Dorcan and Grange Swindon Land Rover in Royal Wootton Bassett among its 46 franchises.

Paul McGill has worked in the industry for more than 30 years, most recently as head of projects at Lloyds Banking Group, where he was responsible for promoting the Black Horse Consumer Finance brand across the group, leading new business initiatives and recruiting key individuals to the business.

He also served as head of motor finance (South) at Black Horse, a position he held from 2009 until April 2016, and was head of distribution at Bank of Scotland Dealer Finance for 18 years, where he was responsible for an external sales force of approximately 150 home based sales and sales managers.

William Charnley is a partner at King & Spalding International in the corporate practice, a position he has held for more than four years. He has more than 20 years’ experience in public and private mergers and acquisitions, disposals, flotations, private equity transactions and general corporate and securities advice.

He has a high level of knowledge of both the motor retail sector and Cambria, having advised the group on its IPO (initial public offering) on the London Stock Exchange’s AIM market in 2010.

He also served as a non-executive director at car dealer CD Bramall for four years prior to it being acquired in 2004, and at car dealership chain Lookers from 2006 to 2008.

Cambria chairman Philip Swatman said: “Both Paul and William bring to the group a vast amount of experience, knowledge and expertise of the motor retail industry which will complement the extremely strong management team we already have in place.

“I am sure they will prove to be a valuable asset as the board focuses on enhancing the core operations of the group’s existing businesses whilst delivering the integration and optimisation of the more recently acquired businesses.”

Since it was launched 11 years ago Cambria has built a portfolio of 31 luxury, premium and volume dealerships, representing 17 brands from the North West to Kent and selling marques from Aston Martin and Jaguar to Ford, Honda, Seat and Vauxhall.

Its shares slumped by more than 10% last November when it warned of a softening of the new car market – even though its own growth had continued and it had not suffered any impact from the weakening market.

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