Hendy Group Appoints Martin Reay as New CFO Amid Sector Challenges

Hendy appoints Martin Reay as CFO, smiling businessman in suit.

Hendy Group Welcomes Martin Reay as New CFO

In a strategic move for its future, Hendy Group has appointed Martin Reay as its new Chief Financial Officer (CFO). Reay, who has been with the Group for a year as operations finance director, steps into this crucial role as the company navigates through challenging economic conditions. His promotion signifies Hendy’s commitment to fostering strong leadership aimed at sustainable growth.

Future Prospects for Hendy with New Leadership

Hendy's Chief Executive, Paul Hendy, voiced confidence in Reay’s abilities, stating, "The sector continues to face significant headwinds, but we have the right team and the right plan in place to drive sustainable growth." Reay’s financial acumen, honed through positions at PricewaterhouseCoopers and automotive firms like Lookers and Benfield, positions him well to enhance the Group's commercial strategies.

Building on a Decade of Experience

The transition also marks the end of Jonathan Moritz's decade-long tenure as CFO. Under his direction, Hendy expanded its portfolio, adding various brands and sites. The company's growth trajectory reflects the dynamic nature of the automotive sector, where strategic financial operations are critical to success.

As the automotive industry evolves, having robust financial leadership like Reay's will be vital in ensuring that Hendy not only withstands market fluctuations but also capitalizes on new opportunities, particularly in electric vehicles and sustainable practices that the industry increasingly demands.

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Hendy Group Appoints Martin Reay as New CFO Amid Sector Challenges

Hendy Group Welcomes Martin Reay as New CFO

Future Prospects for Hendy with New Leadership

Building on a Decade of Experience

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