StockWatch
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Retail-Auto Dealers and Gas Stations
Management ChangeMay 21, 2026, 02:11 PM

Group 1 Automotive Appoints Daniel McHenry UK CEO

AI Summary

Group 1 Automotive, Inc. announced the appointment of Daniel McHenry as President and Chief Executive Officer of its UK business, effective May 19, 2026. McHenry, who previously served as the company's CFO, will continue in his CFO role while taking on the leadership of the UK operations. He replaces Mark Raban, who is leaving the company after two years in the position. The company highlighted McHenry's proven leadership and experience, framing the appointment as a reflection of its commitment to talent development and succession planning.

Key Highlights

  • Group 1 Automotive appointed Daniel McHenry as President and CEO of its UK business, effective May 19, 2026.
  • Daniel McHenry will continue in his CFO role while leading the UK business.
  • McHenry replaces Mark Raban, who is departing after two years as UK CEO.
  • McHenry previously served as UK Finance Director for Group 1 prior to his 2020 CFO appointment.
  • The appointment is subject to formal regulatory approval.