Press Release
Issued by .
July 12, 2011
Sir Michael Marshall, Group Chairman and Chief Executive of the Marshall Group of Companies, one of the UK's leading family-owned companies, has announced that in 2012 he will be dividing the responsibilities of this dual role, reflecting the substantial growth of the Group in recent years, where annual sales have now reached £1bn. From January next year, his son Robert Marshall will be taking on the role and duties of Group Chief Executive, working alongside Sir Michael who will remain as Executive Chairman.
Robert Marshall joined the family business in 1994. Sir Michael Marshall has held the combined role of Chairman and Chief Executive since 1990 and is proud to have led the Company's growth during that period and to have seen it celebrate its centenary in 2009.
Making the announcement about Robert's forthcoming appointment Sir Michael Marshall said: "I am delighted that Robert will be taking on this responsibility for the Group and that he will be working with me, continuing our family's close involvement with the day-to-day running of our businesses, through the Chief Executives, over 4 generations. We are enormously proud of what we have achieved over the last 102 years and look forward confidently towards the future."
The Marshall Group, which started out as a small chauffeur drive business in Cambridge, has grown to become a well respected name in the motor retail, aerospace and vehicle engineering industry sectors, with 4,500 staff employed across the UK and in offices around the world.
Speaking about his new appointment, Robert Marshall said: "It is a privilege to have the opportunity to continue the family tradition and to follow in the footsteps of my father, grandfather and great-grandfather. By holding to the core values on which we have built this business and by remaining independent, we have managed to modernise and adapt in each of our core businesses over the years to be in a position to take advantage of the many opportunities which have come our way."
