Torotrak plc announced that Dick Elsy is stepping down as Chief Executive and will leave the board of Torotrak and the company on September 28, 2012. Dick is succeeded by Jeremy Deering, Torotrak's Finance and Commercial Director, who has been appointed as CEO. Jeremy has been with Torotrak since 2006 and has been instrumental in the strategic and commercial development of the company.

Torotrak also announces the appointment of a new member of the senior management team who brings additional expertise in project delivery and growth management that supports the stated objectives of this phase of Torotrak's development. Garry Wilson joins Torotrak as Group Director - Engineering and Programme Delivery. Prior to joining Torotrak in June 2012, Garry was the Director responsible for implementing significant global growth in engineering capability for Delphi Diesel Systems Aftermarket.

He has also held senior positions at Land Rover and at major engineering consultancies, delivering high-value powertrain programmes. A search process has commenced for the role of Finance Director and shareholders will be updated on this in due course.