Halfords Group's Commercial Director, Paul McClenaghan, is stepping down after eight years with the UK retailer of car maintenance, cycling and touring products.
Group Chief Executive, Matt Davies, will take over his responsibilities until a successor is found.
"We would like to thank Paul for his immense contribution over the past eight years. We wish him every success in the next stage of his career," Davies said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
McClenaghan said he felt it was the appropriate time to step down and seek fresh challenges elsewhere.
"I have enjoyed working at Halfords and feel we have accomplished a great deal during my time with the business."
RD
