RAC plc, the motoring and vehicle solutions company, announces that Paul Hewitt, Group Finance Director, will be leaving the Company on 31 March 2003 to become Chief Financial Officer of the Co-operative Group. This is a substantially larger business, with an annual turnover of £5 billion and 70,000 employees.
RAC plc, the motoring and vehicle solutions company, announces that Paul Hewitt, Group Finance Director, will be leaving the Company on 31 March 2003 to become Chief Financial Officer of the Co-operative Group. This is a substantially larger business, with an annual turnover of Ł5 billion and 70,000 employees.
Andy Harrison, Chief Executive of RAC plc, said:
"Paul has played a substantial role in the transformation of RAC plc, and we recognise that this is a great opportunity for him to apply his skills in a very large and complex business. We wish him well for the future."
For further information please contact:
Anita Scott / Stuart Bruseth, Brunswick Group – 020 7404 5959
Andy Harrison, RAC plc – 020 77051257
Paul Hewitt, RAC plc – 01628 843703