Dealer services group Nectere has appointed a new Managing Director.
Former Managing Director and shareholder Mike O’Reilly left the business last week to “seek new opportunities that he’s had an interest in for some time”.
O’Reilly, who had been with Nectere for the past 12 years, was part of the team that led the management buyout from former owners Paul and Serena Musgrove earlier this year. What impact O’Reilly’s departure has had on Nectere’s ownership structure was not specified.
Taking on the role as of this Wednesday (29 November) is former Nectere exec Adrian Reid. Reid spent eight years at the company – the majority of that time as Sales Director – before leaving at the end of 2022 prior to the organisation’s change of ownership. For the past ten months, he has been in a business development role at Spicers, part of the OT Group which now has a significant stake in Nectere.
In his new role, Reid will report to Adam Noble, who was recently appointed as Nectere’s Executive Chairman.