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Vertu Motors

National recognition for Vertu motors boss

22/05/2023

Vertu Motors plc Chief Executive Robert Forrester has been named as Business Leader of the Year at the prestigious Automotive Management (AM) Awards.

Hosted by Automotive Management Magazine, the 2023 AM Awards celebrated the very best performers within the motor retail industry, following a rigorous judging process conducted by a panel of sector specialists.

Robert was recognised for his outstanding leadership, growing the company to become the third largest automotive retailer in the UK, currently employing over 7,000 people. The Vertu Motors group has also led the way in supporting colleagues to have a good work-life balance and in driving standards of customer service.

Robert and a small number of colleagues, including Chief Operations Officer David Crane and Chief Financial Officer Karen Anderson, founded Gateshead-headquartered Vertu Motors in late 2006, through a cash shell float in AIM. It is now the third largest automotive retailer in the country and recently announced a turnover that exceeded £4 billion.

Prior to this, Robert, who hails from Shropshire, was a Director of Reg Vardy plc between 2001 and 2006, where he held the roles of Finance Director and Managing Director. Robert qualified as a chartered accountant with Arthur Andersen after graduating from Oxford University, where he read Geography.

Robert has established himself as an expert media commentator on all things automotive and in 2021 appeared in the ITV series Undercover Boss.

Robert Forrester said: “Thank you to the AM panel of judges for this humbling accolade but this award isn’t just for me, it is as much for all of my colleagues at Vertu. It’s been a real journey since 2006 to where we are today, and it has been a team effort of which I am incredibly proud.

“There have been significant challenges along the way, including a pandemic, a global recession and supply chain issues but the resilience, determination and hard work of every colleague has ensured Vertu Motors continues to go from strength to strength.”

ENDS

NEWS RELEASE: ISSUED ON BEHALF OF VERTU MOTORS

CONTACT: Caroline Walker on 01325 363436

Notes to Editors Vertu Motors is the third largest automotive retailer in the UK with a network of 190 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu and Macklin Motors brand names.

Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group’s acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network.

The Group currently operates 186 franchised sales outlets and 4 non-franchised sales operations from 140 locations across the UK.

Vertu’s Mission Statement is to “deliver an outstanding customer motoring experience through honesty and trust”.

Vertu Motors Group websites – https://investors.vertumotors.com/ /www.vertucareers.com

Vertu brand websites – www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.vertumotorcyles.com
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Vertu Motors plc Chief Executive Robert Forrester
Vertu Motors plc Chief Executive Robert Forrester
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