Williams appoints Brad Hollinger its non-executive director

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Williams Grand Prix Holdings has appointed American businessman Brad Hollinger its Non-Executive Director on the company’s Board of Directors. He’s the company’s third Non-Executive Director along with Nick Rose and Eddie Charlton.

Hollinger is Chairman and Chief Executive Officer of Vibra Healthcare, an American specialty acute care hospital company based in Pennsylvania with over 10,000 employees, 92 hospitals and transitional care centres within the United States, and annual revenues of over $1 billion.

Hollinger has been a shareholder in Williams Grand Prix Holdings PLC since 2014, and recently increased his shareholding to c.15% following the purchase of shares previously owned by Toto Wolff, Mercedes Benz’s Head of Motorsport.

“I’m honored to be appointed to the Board of one of the world’s legendary motorsport teams,” he said in a release. “I have tremendous faith in the potential of this business – both as a competitive Formula One team and diversified Advanced Engineering business.

“It is for this reason that I have invested in Williams over the past two years. I look forward to working with my colleagues on the Board to continue growing Williams and help the business fulfil its potential both on and off the race track.”