Lookers' McPhee exits AM100 giant after 15 years
Duncan McPhee is stepping down from his role as the chief operating officer of AM100 dealership giant Lookers.
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Duncan McPhee is stepping down from his role as the chief operating officer of AM100 dealership giant Lookers.
The company said a number of roles were at risk of redundancy after the buyout completed this month.
Lookers has confirmed it is expecting to make further redundancies across its group following the takeover of Alpha and delisting from the stock market.
Lookers has confirmed its CEO Mark Raban is to exit the automotive retail giant on December 31.
Shareholders in Lookers voted on the 130p per share takeover offer by Global Auto Holdings this week and a huge majority gave it their backing.