Cap HPI has announced that Andrew Mee is retiring at the end of the year after having spent the past seven years with the firm.

Mee, head of forecast UK at Cap HPI, joined the company in 2013 as commercial manager, before switching to lead the forecasting team in 2016.

He said: “It’s certainly been a year unlike any other, but I have had a wonderful career and I am sorry to say goodbye to everyone in the industry and at Cap HPI. I do know I am leaving our forecasts in excellent hands and our customers have no need to be concerned.”

After a short stint in the Merchant Navy and then a longer spell as a mathematics teacher, Mee began his automotive career with Lex Vehicle Leasing in 1983, before moving on to take responsibility for residual value setting and risk management at Lloyds TSB Autolease (which later became Lex Autolease).

Chris Wright, managing director at Cap HPI, said: “I know that colleagues and customers alike will be very sorry to see Andrew go and I’d like to personally thank him for his outstanding contribution to Cap HPI.

“We wish him all the very best in his retirement and I know that Dylan and the UK forecast team will deliver a seamless transition for our customers.”

The rest of the forecast team remains in place and Dylan Setterfield, the original architect of Cap HPI’s forecast methodology, will maintain overall responsibility for the UK team.

“I’d like to heartily thank Andrew for his sterling efforts over the last seven years, and we will certainly miss him, especially since current restrictions prohibit us from giving him a traditional Cap HPI send off,” said Setterfield.

“He deserves a long and happy retirement after his significant contribution to the industry.”

Cap HPI provides decision support data and software solutions spanning vehicle valuation, validation, collision, mechanical repair, and total cost of ownership.