RNS Number : 0436J
Auto Trader Group plc
16 May 2025
 

Auto Trader Group plc ("Auto Trader" or the "Company")

16 May 2025

Appointment of Independent Non-Executive Directors

Auto Trader, the UK's largest automotive platform, is pleased to announce the appointments of two Independent Non-Executive Directors to the Board. Megan Quinn and Adam Jay will join the Board with effect from 1 July 2025. Megan and Adam will also join the Audit, Remuneration, Corporate Responsibility and Nomination Committees.

These appointments follow a comprehensive search process led by the Nomination Committee and are part of the Board's long-term succession planning.

Jeni Mundy, who has come to the end of her third three-year term, and Sigga Sigurdardottir, who will come to the end of her second three-year term in 2025, will not stand for re-election at the 2025 AGM.

Megan is a highly experienced product and operational leader with a strong background in US technology companies.  She is a Non-Executive Director at Niantic Inc, the geospatial AI and gaming company, Handshake (a B2B recruitment platform) and Pendo.io (a product SaaS business). Megan was the lead Independent Director at NASDAQ listed marketplace Rover.com, until it was taken private in 2024.  Megan is also currently a technology advisor to LMVH and Sierra, and previously sat on HSBC's Technology Advisory Board for four years. Megan has previously held several executive positions including Chief Operating Officer at Niantic Inc, Head of Product at Square and Product Development at Google.

 

Adam brings strong expertise in marketplaces and ecommerce, across B2C, C2C and B2B platforms.  Adam is CEO of Vinted marketplace, the go-to place for all kinds of second-hand items.  Prior to that, Adam held various senior roles within Expedia, including President for Hotels.com and later President for all of Expedia's retail brands.  Adam has held a number of previous Non-Executive Board positions including Despegar, the Latin American travel technology company listed on NASDAQ, and Checkatrade.com.  Adam started his career at BCG working with clients in the automotive, travel and financial services sectors, and has also held roles at Avis and Travelport.

Matt Davies, Chair of Auto Trader, said:

"We are delighted to welcome Megan and Adam to the Board. Our data and technology underpins the UK automotive industry, and both bring significant experience in the technology sector, digital innovation and marketplace business models. We look forward to their contributions as Auto Trader progresses its strategy and continues to deliver on our purpose of Driving Change Together. Responsibly.

"I would like to thank Jeni and Sigga for their important contributions to Auto Trader during their time on the Board. We wish them success in their future endeavours."

This announcement is made pursuant to UK Listing Rule 6.4.6R. No other information is required to be disclosed pursuant to UK Listing Rule 6.4.8R in relation to this appointment.

For further information, please contact Sodali on the details below.

 Enquiries: 

Sodali & Co

autotrader@sodali.com

 

+44 (0) 20 7250 1446

 

About Auto Trader

Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.

With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.

Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. The same data that powers the Index is used by the Office for National Statistics to make the UK's official measures of inflation more robust, as well as the Bank of England to feed the broader UK economic indicators.

For more information, please visit: https://plc.autotrader.co.uk/

 

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