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Chris Woodhouse to head RAC
Private equity firm Carlyle Group has hired Chris Woodhouse, the former finance director of Debenhams, to run RAC, the roadside assistance business it bought last June from Aviva. The move will see Woodhouse reunited with Rob Templeman, who became chairman of RAC last year and was previously chief executive of Debenhams. The two are well respected in the private equity business and worked together on the flotation of the department store chain after previously working together on the turnaround of the automotive retailer Halfords.