Mark Palethorpe is CFO of Cox Powertrain and part of the management team driving the development of a 300hp diesel outboard engine, which is designed and will be manufactured in the UK.
The Cox CXO300 engine will give buyers a significant total cost of ownership saving of up to £500k per boat, over the lifetime of the engines. There are also significant logistic, safety and environmental benefits.
Prior to becoming CFO at Cox Powertrain, Mark Palethorpe was FD of QinetiQ PLC’s EMEA division and CFO of the Cosworth Group.