McLaren Applied have announced the appointment of Nick Fry as non-executive chairman.
Fry, the former CEO of the Mercedes F1 Team, will start his new role with immediate effect.
Outside of Formula 1, he served as the managing director of Aston Martin and Prodrive, in addition to a number of senior leadership positions at Ford.
Fry’s appointment as non-executive chairman is the first board-level appointment by McLaren Applied since they were acquired by Greybull Capital in August.
Commenting on the appointment, Marc Meyohas, managing partner at Greybull Capital, said: “Nick is a recognised leader in both motorsport and automotive, having been deeply involved with both growth companies and large, complex organisations.
“It’s a clear endorsement of the McLaren Applied strategy and roadmap that we can attract an individual of his calibre and expertise. This is going to be an exciting and rewarding period in our development and Nick is going to be a valuable asset to us all.”
Meanwhile, Fry said he is “delighted to be joining McLaren Applied” and described the company as having “a clear vision to pioneer a better future across its key markets of motorsport, automotive and transportation.”
Continuing, he said: “I am looking forward to working with this talented team as we launch innovative new technology including high-performance electric powertrains components, connectivity solutions for public transport and new additions to our market-leading range of motorsport products.
“This is going to be a wonderful adventure helping the company achieve the success it richly deserves,” he concluded.