On Monday 3rd March, Xtrac welcomed Mark Wilson as our new Chief Financial Officer (CFO), succeeding Stephen Lane, who has served in the role for the past 14 years. Stephen has decided to step down from full-time work to spend more time travelling whilst integrating occasional project work, helping smaller businesses and charities with his immense knowledge and experience.

Mark brings with him a wealth of experience, having operated at board level for over 20 years across a range of blue-chip organisations, private entrepreneurial ventures, and start-ups, predominantly in the automotive and high-performance sector. Most recently, Mark served as Board Advisor of Verge Motorcycles, an innovative and pioneering electric superbike company. Prior to this, he was the CFO at Aston Martin Lagonda PLC and Finance Director at McLaren Automotive. His deep-rooted understanding of the automotive and motorsport industries ensures he is well-equipped to support Xtrac’s capacity growth plans.

Speaking about his new appointment, Mark said: “I am really looking forward to joining Xtrac, a company I have known and respected for many years. Xtrac’s reputation in the industry is exemplary, and the team across the organisation is highly regarded. I will strive to provide the support, guidance, and governance necessary to keep Xtrac at the forefront of technology and market leadership, which is especially important as Xtrac expands its capacity to be able to fulfil customer needs.”

Xtrac’s CEO Adrian Moore said “It’s been a privilege to work so closely with Stephen over such a long period, he has always had the interest of our customers, employees, and stakeholders at the forefront of everything he does. Everyone at Xtrac sends Stephen our very best wishes. Looking to the future, Mark will be a fantastic addition to the Xtrac leadership team, and I am really look forward to working with him as we continue to drive innovation and excellence in the industry, and most importantly expand our capacity.”