Pendragon PLC announced that Mr. Chris Chambers has been appointed as an independent non-executive director of Pendragon. Mr. Chambers takes up the role on January 28, 2013, replacing Mr. Ian Coull, who retires from the board as an independent non-executive director on the same day. Mr. Chambers pursued a career in investment banking, culminating in his roles as managing director and Head of European Equity Capital Markets at Credit Suisse First Boston and finally as a director of MAN Group plc Since 2010 he has concentrated on non-executive roles, primarily in real estate and banking.

He brings retail experience, as former chairman of the Swiss Jelmoli store, and retail and commercial property expertise from Swiss Prime Site AG, where he is a non-executive director. His other current non-executive roles are as a member of the supervisory boards of Berenberg Bank (Schweiz) AG and G.E. Money Bank AG Switzerland and he is a senior adviser to private equity firm, Lone Star Europe.