LDV has appointed an interim chief executive officer to replace Allan Amey, who has announced he will retire in May.

His successor is Charles P. Megan, an operating executive with an affiliate of Sun Capital Partners.

Amey will continue to work for LDV in a transitional consulting role until his retirement.

In December 2005, an affiliate of Sun Capital Partners, acquired the business and assets of LDV Limited.

Megan said: 'The financing package put in place by an affiliate of Sun Capital Partners is significant and is expected to enable LDV to continue the growth and development of its award-winning Maxus range of light commercial vehicles and to accelerate new model development with a range of mini-buses and chassis cab derivatives.'