Peter Shaw is stepping down from his role as chief executive at Thatcham Research with immediate effect due to ill health.

Thatcham’s Peter Shaw is stepping down as CEO

Shaw has been chief executive as well as a Board member for seven years and is credited with steering the organisation through a period of notable change as it becomes increasingly recognised as a global centre of excellence for assisted and automated driving assessment and testing.

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

Graham Gibson, chief claims officer at Allianz Insurance and chairman of Thatcham Research, said: “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.”