Stuart Whittle has joined Hippo Motor Group as its recent chief financial officer, with a remit to create a digitally focused growth strategy for its three businesses, Hippo Leasing, Caruno and Hippo Approved, its used automobile retail arm recently rebranded from Hippo Prestige.
Whittle has greater than 20 years’ finance experience and prior to joining the Blackburn-based firm held senior leadership roles within the vehicle, property and banking sectors, including Close Motor Finance, LSL Property Services and Leeds Constructing Society.
Director Tom Preston said: “We’ve enjoyed phenomenal growth over the past few years through investment in our team, technology, and state-of-the-art facilities. This 12 months alone we’ve got increased our team by 50% and purchased recent sites, so we at the moment are equipped able to hit our targets in the approaching years.
“As a way to maintain our competitive edge in a busy sector it is important that we’ve got a sturdy finance leader and we’re confident we’ve got that in Stuart, who will probably be an actual asset not only for Hippo but in addition for our own lending arm Oasis Motor Finance”.
The business has offices in Blackburn, Manchester and Luton with further expansion in Derby and Corby coming soon.
In 2022 the group achieved £117 million turnover and £3.3n pre-tax profit, and its accounts stated that it was being equipped to extend its sales volume by 50%
“Hippo is a business which prides itself on customer support excellence, so our individuals are our most vital asset. Stuart has the experience to deliver a robust finance future in addition to the skillset and qualities to guide his team and help them thrive.”
Whittle said: “Hippo is a dynamic business and Tom has a transparent vision of its future place throughout the market and the way we get there. I’m delighted to affix the team at this significant chapter within the Hippo journey and may’t wait to get stuck into the role.”
This Article First Appeared At www.am-online.com
