Rider Levett Bucknall (RLB UK) has announced changes to its UK board including the appointment of Andrew Reynolds as Chief Executive and Dean Sheehy as Operations Director as it sets out its ambitious long-term growth plans following on from another successful year where it has seen gross turnover increase by 40% from 2017/18 to 2018/19. The new structure reflects the changing shape of the industry and ensures the longevity of RLB’s leading and sustainable position within it.
Andrew Reynolds, Chief Executive of RLB UK and Global Board Director, said: “RLB UK today is a completely different size and scale to where we were five years ago, and we continue to evolve to remain future fit. We have always prided ourselves on being an independent, employee-owned business– offering independent advice to our clients and at the same time offering an opportunity for every member of our staff to become an owner in our company. We believe it is this autonomous structure that has underpinned our success combined with a passion to deliver the best outcomes for our clients and a commitment to driving best practice in everything we do.”
Dean Sheehy, Operations Director, added: “With the amazing talent we have nurtured and attracted at RLB, over the last five years we have grown our turnover from £42m to £80m, increased our profit fivefold and doubled our team in the UK to 675. I am extremely proud of what our business has achieved. Our industry is ever-evolving and we have made changes to our structure to ensure we will make the most of the opportunities the next decade brings, setting ourselves ambitious targets to secure the longevity of our business.”
Over the next ten years RLB UK’s targets include growing turnover to £150m (2019 £80m) and achieving sustainable profit margins whilst remaining an independent employee owned organisation.
Andrew Reynolds added: “Building a business for the future is one thing. However, growing a business that is focussed on delivering success for clients in a shifting industry whilst upholding our cultural ethos, of devolved ownership for staff and opportunity for people to thrive in tomorrow’s industry, is something quite different. Being independent has enabled us to build a ten year plan to achieve this ambition.”
As part of the changes, RLB UK has announced the following appointments to its main board: Andrew Reynolds, Chief Executive; Dean Sheehy, Operations Director; Mark Weaver, Commercial and Technical Director; Stuart Stables, Finance Director; Ann Bentley, Non-Executive Director.
These changes will come into place with immediate effect.
Left to right: Dean Sheehy, Operations Director; Ann Bentley, Non-Executive Director, Andrew Reynolds, Chief Executive; Mark Weaver, Commercial and Technical Director; Stuart Stables, Finance Director