Motorway services operator Moto Hospitality Ltd, has appointed a new company chairman.
Chris Rowlands, who is already a non-executive director with Moto, is employed by USS (Universities Superannuation Scheme), Moto’s majority shareholder, and succeeds Mike Tye who will be stepping down from the Board after completing his term of four years as chairman.
Chris began his career at Barclays Bank, before joining Arthur Andersen as a corporate finance partner. He also spent almost 20 years with the 3i Group, where he was business leader for Asia and for Europe. Chris has also served as deputy chairman of the Principality Building Society.
Moto’s CEO Ken McMeikan said: “I would like to thank Mike on behalf of the Board for his invaluable contribution throughout his four years tenure, particularly his fantastic support to re-position Moto to become an even more customer-centric business, the appointment of a new senior management team, as well as providing his wise counsel to successfully navigate the many challenges of Covid-19.
“I very much look forward to continuing to work with Chris in his new role as chair. He brings a huge breadth of knowledge and experience and will provide important continuity for Moto as we position ourselves for continued growth.”
Chris Rowlands said: “I am very proud to have been asked to succeed Mike and I look forward to continuing the work with the Moto team to accelerate the company’s growth through the delivery of our vision, which is to transform the UK’s rest-stop experience.”