McLaren Group Limited confirms that Paul Buddin has taken up the position of Acting Chief Financial Officer of the combined company that now brings together McLaren Automotive, McLaren Racing, McLaren Applied Technologies and McLaren Marketing with immediate effect. This is in addition to continuing his existing role of Chief Financial Officer of McLaren Automotive Ltd, a position he has held since January 2016.

At the same time, Andy Myers, previously Chief Financial Officer for McLaren Technology Group Limited, has left the company.

Shaikh Mohammed Bin Essa Al Khalifa, Chairman McLaren Group said:

“On behalf of the Board and Executive Committee, we are pleased to announce that Paul Buddin has taken up this new role which includes financial oversight of the recently-combined McLaren Group, that brings together McLaren Automotive, McLaren Racing, McLaren Applied Technologies and McLaren Marketing. This builds on Paul’s extensive experience and knowledge of McLaren as a luxury automotive company. At the same time, I would like to thank Andy for his commitment to McLaren over the past 13 years. Andy has been a valued member of the team which has guided the Company as we have successfully pursued our strategy of diversification and profitable growth. He leaves the Company on a firm footing for continued success in the future and we wish him well in his next role.”

A link to Paul Buddin’s biography can be found here.