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Inchcape PLC announced that Juan Pablo Del Río will step down from its Board of Directors in May 2026, having served for three years. Felipe Del Río will be appointed to the Board on 14 May 2026 and will also stand for election at the Annual General Meeting.
| Date | 20 Mar 2026 |
| Time | 15:18:11 |
| Category | Board changes |
| ID | 5407X |
INCHCAPE PLC
Directorate Change
Inchcape plc today announces the following changes to the Board of Directors.
Following three years on the Board, Juan Pablo Del Río will step down in May 2026 and will not be seeking re-election at the Annual General Meeting.
Felipe Del Río will be appointed to the Board on 14 May 2026 and will also stand for election at the Annual General Meeting.
Felipe is an Industrial Civil Engineer with more than five decades of senior executive, board level and entrepreneurial experience across automotive distribution, financial services, real estate, insurance, higher education and public administration. Felipe brings a wealth of automotive and corporate experience and will continue the representation of the Del Río family on the Inchcape Board.
Felipe is also Board President of Dercorp Holding company, 4 Life Insurance company, Huillinco, Sociedad de Rentas Inmobiliarias SpA, and Fundación Emprepolis.
Jerry Buhlmann, Chairman, commented: 'I would like to thank Juan Pablo for his wise counsel and support since the he joined the Board upon the acquisition of Derco. I am delighted that Felipe will be joining to continue to provide expert knowledge of the automotive sector and the Americas region which are invaluable to the Board's deliberations.'
There is no additional information required to be disclosed pursuant to UKLR 6.4.8 in respect of this appointment.
Ends
Group Communications, Inchcape plc
+44 (0) 20 7546 0022
Notes to editors
About Inchcape
Inchcape is the leading global automotive distributor, with operations across six continents. Inchcape works with our OEM partners in smaller, more complex and harder-to-reach markets, which tend to be higher growth. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners - building stronger automotive brands and creating sustainable growth.
Our distribution platform connects the products of OEM partners with customers, and our responsibilities span product planning and pricing, import and logistics, brand and marketing to operating digital sales, managing physical sales and aftermarket service channels. Delivering for our partners, our customers and our people - so they can realise their ambitions in the new world of mobility. The Group is headquartered in London and employs over 16,000 people globally.