The chief executive who led the transformation of Auto Trader from a printed magazine to a FTSE 100 digital company is to retire next year.
Trevor Mather, who joined the business as CEO in 2013, has announced plans to retire from the Manchester-based business by the end of March 2020.
He led the group’s £2.3 billion flotation on the London Stock Exchange in 2015 and has helped to grow its share price by 70% in the past year.
He will be replaced by Nathan Coe, who is chief operating officer and chief financial officer.
Current operations director Catherine Faiers will be promoted to chief operating officer and will join the company board next month.