Carole Nash CEO leaves business post Ardonagh takeover

The CEO of UK motorcycle broker Carole Nash will leave the business the end of March 2018, its new owner Ardonagh Group has revealed.

David Newman will be replaced by Ian Donaldson who will do the job in addition to his leadership of Autonet.

Carole Nash was acquired by Ardonagh, a new insurance intermediary that brings together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, in October 2017.

Newman said: “Now is the absolutely the right time for me to move onto the next phase of my life and career. I have had a wonderful decade at Carole Nash and continue to enjoy a fantastic relationship with the management of The Ardonagh Group. I leave with a real sense of confidence in their plans for the continued growth of the brand."

Donaldson commented: “David has been impeccable in his honesty and professionalism and has supported Janice and I in a timetable and handover which has ensured a straightforward transition. He has had a stellar ten years at the helm of Carole Nash and I totally understand his decision to pursue new adventures elsewhere.

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