Auto Trader CEO stepping down

Auto Trader chief executive Trevor Mather is to retire from the top role at the online car dealership, months after leading it into the FTSE 100.

Mather, who joined the business as CEO in 2013, led the group’s £2.3 billion flotation on the London Stock Exchange in 2015 and has helped its share value rise by more than 70 per cent in the past year. He plans to retire by the end of March 2020.