Australia’s largest auto cooperative has added a new board chair to its leadership group as it prepares for 2025.
Mark Rowe will replace Mark Cooper as the chairman of Capricorn and be joined by incoming Group CEO Brad Gannon from 1 January 2025, as the pair focus on driving the organisation forward.
Rowe has a background an auto electrician by trade, has been a business owner and Capricorn Member for over 25 years and was elected to the Board in October 2022 as the Member Director for Queensland.
50 years strong
Capricorn is also reporting record returns to its members as it celebrates its 50th year.
Rowe says he is thrilled to be taking on the role of chair at such an exciting time for the industry.
“This year Capricorn celebrated half a decade of helping automotive businesses like mine and I’m looking forward to continuing to support this purpose for the next 50,” Rowe says.
“We’re experiencing a once-in-a-generation transformation in automotive and no one knows exactly what the future holds. What we do know, is Capricorn will be there to support businesses in the industry, no matter what the future is.”
Capricorn CEO designate Brad Gannon congratulated Mark Rowe on his appointment.
“Mark has been a valued Board Director for the past two years, passionate about the industry and Capricorn’s role in supporting business owners. I look forward to continuing to work with him to benefit the whole Capricorn Community,” Gannon says.
Fantastic legacy
Mark Cooper has been the Chair of the Capricorn Board for the past five years.
“Mark Cooper has been an instrumental Chair of the Capricorn Board, leading the organisation through a period of record growth. I look forward to continuing to grow on his fantastic legacy,” Rowe says.
After 18 years at Capricorn, five as its head, Capricorn CEO David Fraser will retire from the role at the end of the year.