Thatcham chief steps down due to poor health

Peter Shaw is stepping down as chief executive of Thatcham Research with immediate effect.

After seven years at the helm, Shaw has had to leave Thatcham due to poor health.

The recruitment process to identify his successor is now underway. Strategic duties at Thatcham Research will continue to be managed by Neale Phillips and Ruth McRitchie.

Graham Gibson, chief claims officer at Allianz Insurance and chairman of Thatcham Research, said: “Peter has achieved so much for the business and our position in the industry since joining us.

“He has played a pivotal role in driving a new focus upon testing and influencing vehicle safety and security performance to minimise motor insurance costs. This has been hugely important due to the technological advances in active and passive car safety.

“Under Peter’s leadership, Thatcham Research has never been more relevant than it is today, and keeping our members informed and educated will remain vital.

“We would like to extend our sincere thanks to Peter who has been an outstanding Chief Executive and Board member since 2011. I’d also like to extend my gratitude to Ruth and Neale, who have maintained our strategic agenda so strongly in the interim period.”