Change of MD at Henry Boot
Construction
16 July 2024
Henry Boot has today announced that
Lee Powell, currently CEO of the national award-winning contractor
GMI Construction, will assume the role of Managing Director, Henry
Boot Construction, joining the business in January 2025. Tony Shaw,
the current Managing Director for Henry Boot Construction,
will leave the business at the
end of 2024.
Tony joined the business as an
apprentice in 1985 and progressed to a number of positions,
including Regional Manager and Operations Director before being
promoted to Managing Director in 2021.
Lee's 28-year career to date has
included senior positions at Wates Construction and Caddick
Construction. More recently he has spearheaded the growth of the
GMI Construction business in the north of England and the Midlands,
delivering large-scale projects for clients such as Siemens,
Bruntwood and Muse.
CEO
of Henry Boot, Tim Roberts comments: "I'm pleased to welcome Lee to the Henry Boot Construction
business, who joins us with a proven track record and extensive
industry experience. Lee's passion for delivering high-quality
spaces and places aligns with what Henry Boot is all about -
creating impact. Lee's primary focus will be to restore and grow
the business and I very much look forward to us working closely
together.
"At the same time, I wish Tony all
the best in his future endeavours. He leaves the business on good
terms and we appreciate everything he has done, contributing to the
success of Henry Boot over the years.
Lee
Powell said: "Henry Boot
Construction has a fantastic legacy and an excellent reputation for
quality. I am excited to join the team in January. At a time when
our sector still faces significant challenges, we now have a new
Government who have put economic growth at the heart of their
plans, and as a trusted construction contractor, we are ready to
contribute towards this.
"I am taking over a business that
puts its people, health and safety and customer satisfaction at the
heart of all it does and I will help establish a new impetus within
the business that will appeal to a wider spectrum of customers who
can also enjoy the incredible service that Henry Boot Construction
can deliver. I would like to thank Tony for his significant
contribution to the business and wish him well for the
future."
Tony
Shaw said: "After spending nearly 40
years of my working life at Henry Boot Construction, now is the
right time for me to step down as Managing Director. This will
allow for a new approach in the management and direction of the
business and I extend my best wishes to Lee Powell in his new
position.
"I am proud of what the business has
achieved under my leadership and I am both honoured and privileged
to have worked with such a great team of people. I will leave the
business at the end of the year and look forward to spending time
with my family before pursuing new opportunities."
ENDS
Notes to editors
Henry Boot is one of the UK's
leading land, property development, home building and construction
businesses - and we've been transforming land and spaces since
1886. Listed on the London Stock Exchange since 1919, we're
renowned for quality, expertise, delivery and a partnership
approach across the group - which comprises, Hallam Land, HBD,
Stonebridge, Henry Boot Construction, Banner Plant and Road
Link.
Operating across the UK, and
employing over 500 people, we focus on three key markets: urban
development, industrial and logistics and residential. Hallam Land
has facilitated 52,000 new homes since 1990, managing one of the
top five largest land portfolios in the country, with the potential
to facilitate over 100,000 homes. HBD manages a development
pipeline of £1.3bn, the equivalent of 7m sq ft of developments
across our key markets, while maintaining a £113m investment
portfolio, of which 73% of the properties have an EPC rating of 'C'
or higher. Stonebridge, our jointly-owned home building business,
manages a land portfolio capable of delivering 1,500 homes, with an
ambition to deliver up to 600 new homes a year.
Henry Boot Construction has
extensive experience in both the public and private sectors,
including major projects such as the £200m regeneration of Barnsley
town centre, and The Cocoa Works, a £57m residential development in
York. For over 65 years, Banner Plant has supplied construction
products and services, operating from seven regional depots in the
North of England. We have also developed an ambitious Responsible
Business Strategy to help us meet our aim of being Net Zero Carbon
by 2030, and to deliver, by 2025, charitable, community and
education work valued at £1m.
From land promotion, property
development and investment to home building, construction and plant
hire, Henry Boot is where great places start.
henryboot.co.uk
Enquiries
FTI
Consulting
Richard Sunderland/Giles
Barrie
07894 797067 / 07798
926814
henryboot@fticonsulting.com
Henry Boot PLC
Tim Roberts, Chief Executive
Officer
Darren Littlewood, Chief Financial
Officer
Daniel Boot, Senior Corporate
Communications Manager
07825 088807
dboot@henryboot.co.uk
henryboot.co.uk
Deutsche Numis
Joint Corporate Broker
Ben Stoop
0207 260 1000
Peel Hunt LLP
Joint Corporate Broker
Ed Allsopp / Pete Mackie
0207 418 8900