Henry Boot makes changes to Senior Management

RNS Number : 6807X
Boot(Henry) PLC
06 May 2021
 

 

 

 

06 May 2021

 

HENRY BOOT PLC
('Henry Boot' or 'the Group')

Henry Boot announces changes to its Senior Management Team and Executive Committee

 

Henry Boot announces that Simon Carr of Henry Boot Construction (HBC) and Giles Boot of Banner Plant (BP) will be retiring from their roles as Managing Director (MD) on the 30 June 2021, following long and successful careers with the Group.

 

In their current roles, Simon delivered over a billion pounds of construction activity and increased statutory profit tenfold, with Giles repositioning BP client base and order book from an internal hire supplier to a business generating 94% of its turnover from the open market. Henry Boot thank them for both their hard work and significant contribution to the Group and wish them well in their well-deserved retirement.

 

After undertaking a thorough recruitment process for both roles, including internal and external candidates, the Group is delighted to announce that Tony Shaw - current Director of Henry Boot Construction will be promoted to the position of Managing Director and Jonathan Fisher will join the Group as the new Managing Director of Banner Plant. Both will become members of the Group's Executive Committee.

 

Tony joined HBC as an apprentice in 1985, before working his way up to his current position as Director. As part of the succession planning, Tony has had increasing day to day responsibility for the senior leadership team at HBC and has led the recent refresh of HBC's strategy. Tony will continue to lead on the evolution and development of a more focused, progressive strategy for HBC .

 

Jonathan joins the Group as the new MD of BP from Elliot, part of the Modulaire Group Company. Jonathan has extensive industry experience from his previous position as the UK Sales Director and will be tasked to continue leading on progressing the digitalisation of BP sales systems and growing its strong position within plant hire.

 

Simon and Giles are working to ensure there is a smooth transitional period before Tony and Jonathan take up their roles on 1 July 2021. Henry Boot is pleased to welcome Jonathan to the Group and wishes them both every success in their new roles.

 

Tim Roberts, CEO of Henry Boot PLC, said:

"In my relatively short time at Henry Boot, it has been a real pleasure working with Simon and Giles. Their contribution, over a long period of time, has been very significant. Aptly, we have a good mix of home grown, and fresh talent for these two important positions. I look forward to working with Tony and Jonathan as they take up their new roles."

 

Simon Carr, Managing Director of Henry Boot Construction, said:

"It has been an honour to lead Henry Boot Construction as Managing Director, a culmination of a career spanning 33 years with the Company, where I have overseen both considerable growth and industry leading profit margins.

 

I also wish to place on record my thanks to all at Henry Boot for their immense talent, hard work, support and friendship, and am confident that, under the stewardship of Tony Shaw, the business will continue to go from strength to strength."

 

Giles Boot, Managing Director of Banner Plant said :

'I'm proud of the evolution and growth I've overseen at Banner Plant, as we've transitioned from an internal supply company to a commercially successful Plant Hire business.

 

As I leave the Company in great shape to face future challenges, my thanks and respect go to all the loyal members of my team who have contributed so much over the years.'

 

ends-

 

Enquiries:

 

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Group Finance Director

Daniel Boot, Group Communications Manager

Tel: 0114 255 5444

www.henryboot.co.uk

 

Numis Securities Limited

Joint Corporate Broker

Garry Levin/George Fry

Tel: 020 7260 1000

 

Peel Hunt LLP

Joint Corporate Broker

Charles Batten/Harry Nicholas

Tel: 020 7418 8900

 

Hudson Sandler

Financial PR

Nick Lyon/Wendy Baker

Tel: 020 7796 4133

 

About Henry Boot PLC

 

Henry Boot PLC (BOOT.L) was established over 135 years ago and is one of the UK's leading and long-standing property investment and development, land promotion and construction companies. Based in Sheffield, the Group is comprised of the following three segments:

 

Land Promotion:
Hallam Land Management Limited

 

Property Investment and Development:
Henry Boot Developments Limited (HBD) , Stonebridge Homes Limited

 

Construction:
Henry Boot Construction Limited , Banner Plant Limited , Road Link (A69) Limited

 

The Group possess a high-quality strategic land portfolio, an enviable reputation in the property development market backed by a substantial investment property portfolio and an expanding, jointly owned, house building business. It has a construction specialism in both the public and private sectors, a long-standing plant hire business, and generates strong cash flows from its PFI contract through Road Link (A69) Limited.

 

www.henryboot.co.uk

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAUVOVRAWUVRAR

Companies

Henry Boot (BOOT)
UK 100

Latest directors dealings