Bamford in the driver’s seat at WMC

Commercial vehicles group WMC has brought in an experienced financier as CEO.

Neil Bamford takes the reins from Jason Pecotic, who remains a
director and shareholder of the company and will continue to work
within the WMC Group, the firm says.

WMC specialises in Chinese-made brands JAC Trucks, Higer Bus and
LDV Vans.

While building on Higer’s Australian market growth and pushing
JAC forward, Bamford’s immediate focus will be to put price heat
into the already highly competitive vans and people movers
sector.

“Jason Pecotic and his team have done a great job in taking WMC
Group from a start-up position to where it is now, Australia’s
leading importer of non-route buses, a strong presence in the light
duty truck market and soon to be a key player in the commercial van
market,” Bamford says.

“It is a remarkable effort considering it has been a little over
five years since WMC’s inception and I look forward to continuing
the work Jason has begun.

“Our first major challenge is the launch and introduction of the
LDV range of commercial vans and people movers to the Australian
market in late January.”

Bamford has worked for 25 years with leading finance and
investment firms such as Allco Finance, Babcock and Brown, AMP and
Société Générale.

He has also worked with BHP and spent four years with
PricewaterhouseCoopers.

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