Cazoo has appointed Jonathan Dunkley as senior strategic advisor, where he will work with the existing operating and commercial teams.
Dunkley has spent 15 years and is well known in the automotive industry, most recently as chief executive of Sytner’s car supermarket division where he oversaw a team of over 1,600 across 9 UK retail outlets with revenues approaching £1bn. Prior to this he held several senior positions at CarShop.
At Cazoo, Dunkley will work closely with Paul Whitehad, chief operating officer, to focus on key areas of the Cazoo business such as car buying and reconditioning and growing revenues, leveraging his experience to help scale the business.
Alex Chesterman, founder and chief executive of Cazoo, said: “We are delighted to have Jonathan as part of our team. His experience from running the UK’s largest car supermarket business will be invaluable as we continue to deliver on our mission of providing the best car buying and selling experience for consumers across the UK and Europe.”
Dunkley added: “I’m very much looking forward to working with Alex, Paul and the team. Cazoo has achieved phenomenal growth already but are only just getting started. Their strategy and ambition is clear and I look forward to playing my part in helping to transform the largest retail market in Europe.”
Cazoo has also recently launched a monthly car subscription service for new cars and is gearing up to launch its full proposition later this year in both France and Germany.
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By GlobalDataRecent research from Cazoo found that three in 10 UK consumers are interested in subscribing to a car, rather than purchasing it outright or financing it.
A fifth (21%) of those surveyed now have more monthly subscriptions than before the pandemic started, with 44% of respondents selecting subscription services for convenience, 25% stating that it saves them money and 19% highlighting that it helps with budget planning.