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Parr becomes new Williams chairman 08 Jul 2010

Adam Parr (GBR) CEO Williams.
Formula One World Championship, Rd 8, Canadian Grand Prix, Practice Day, Montreal, Canada, Friday, 11 June 2010 Frank Williams (GBR) Williams Team Owner.
Formula One World Championship, Rd 8, Canadian Grand Prix, Preparations, Montreal, Canada, Thursday, 10 June 2010

Williams have announced the appointment of former CEO Adam Parr as their new chairman. Parr takes over from team founder Frank Williams, who continues as team principal.

“Adam joined Williams in 2006 as chief executive officer and has taken the lead in putting the team on a stronger financial footing, developing new businesses and building our social responsibility programme,” said Williams.

“I have now asked him to step up to chairman in my place to give him both the responsibility and the authority to ensure the good running of all aspects of the team and the company.”

On the announcement, Parr commented: “It is both a great honour and a big responsibility to take over Frank’s role as chairman of Williams. Frank remains our controlling shareholder and team principal and he will always be the name, the face and the inspiration of this team.

“My aspiration is to ensure that the team and the company are run to the high standards that Frank and Patrick Head have always demanded, both on and off the track. In this, I am fortunate to count on dedicated partners, a strong board and, above all, a great team of dedicated and talented people at Grove.”

Alex Burns steps up from chief operating officer to take over from Parr as CEO.