Inchcape, the international distribution firm which is in the
process of demerging, is seeking a head of investor relations for its
motor business, which distributes car parts.
Currently Inchcape’s investor relations is handled by IR manager Bridget
Walker who reports to group corporate affairs director Paul Barber. The
new, more senior, position reports directly to finance director Les
Walker will stay at the company with Barber and his team until the
demerger process is completed next year. Barber has announced his
intention to leave following the demerger (PR Week, 13 Mar). Walker
said: ’My role is to work with Paul on the communications effort for the
breakup of the business. We want someone to come in and concentrate on
the future of the motors business.’
Walker said she saw her future outside investor relations in the
communications department of a larger company.
The demerged motor distribution company will be the largest of three
companies formed from the break-up of Inchcape. The other two businesses
created will be a bottling services company based in Chile and a
worldwide marketing services company.