Stuart Whittle has been appointed as the new chief financial officer of Hippo Motor Group. With over 20 years of finance experience, Whittle’s main objective is to develop a growth strategy that focuses on digital advancement for Hippo Leasing, Caruno, and Hippo Approved. These three businesses make up the company’s vehicle leasing, used car retail, and lending divisions respectively. Hippo Motor Group has been experiencing significant growth and expansion, with an increase in its workforce by 50% this year alone. With Whittle’s expertise, the company aims to maintain its competitive edge in the industry.
Hippo Motor Group, based in Blackburn, Manchester, and Luton, plans to expand further in Derby and Corby. In 2022, the company achieved a turnover of £117 million and a pre-tax profit of £3.3 billion, indicating its strong position in the market. Whittle’s appointment as the chief financial officer is seen as a crucial step in Hippo’s journey towards future success. The company places great emphasis on customer service excellence and considers its workforce as its most valuable asset. With Whittle’s leadership and skillset, the company expects to thrive and reach its targets in the coming years.
Whittle expressed his excitement about joining Hippo Motor Group, acknowledging the dynamic nature of the business and the clear vision its director, Tom Preston, has for its future. Whittle is eager to contribute to the company’s growth strategy and play a pivotal role in this significant chapter of Hippo’s journey. With a robust finance leader like Whittle on board, the company is confident in its ability to meet its goals and maintain its position as a leader in the industry.
