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Group 1 Automotive has appointed Daniel McHenry as chief financial officer (CFO) who will replace long time Group 1 CFO John Rickel, who is retiring after almost 15 years of service.
McHenry has served as Group 1’s UK finance director since 2007. He is a native of Belfast, Northern Ireland and holds a Bachelors degree in Economics from Queens University Belfast and a Masters degree in Accounting and Management Science from Southampton University.
McHenry joined Group 1 in 2007 as part of the acquisition of Chandlers BMW in southern England, Group 1’s first venture in the UK.
Prior to entering the auto retail business, McHenry had five years of experience with KPMG in the UK.
Group 1 CEO Earl Hesterberg said: “Working with Daniel directly over the past 12 years I have witnessed first hand his passion for the retail automotive business.
“He has been responsible for the creation of our back-office systems, processes and financial controls, as we have grown our UK operations from three dealerships in 2007 to 50 dealerships today.
His familiarity with our company, people and processes makes him the perfect candidate to step into this important role.”
Current Group 1 CFO John Rickel came to Group 1 in December 2005 after a 21-year career at Ford Motor Company.
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