Kwik Fit Group has announced the departure of CEO Ian Fraser and Group finance director Michael Healy.

Following the recent acquisition of the group by the Itochu Corporation the company will now be led by Kenji Murai of Itochu.

An Itochu spokesman said: “We would like to thank Ian and Michael for their work in establishing Kwik Fit as the clear market leader and creating a very strong position. The company has substantially developed under their leadership and we wish them well for the future.

“In Kenji Murai we have the ideal leader for Kwik Fit on the next stage of its journey. We are confident that Kwik Fit can go from strength to strength under his leadership.”
 

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