NEW STRUCTURE FOR CHALCROFT FOLLOWING SIGNIFICANT GROWTH

Chalcroft, a leading specialist construction contractor, has today announced a board-level restructure which follows a period of substantial growth and paves the way for future company development.

Managing Director, Mark Reeve, will move aside from the board of management to concentrate on his role at Chalcroft Holdings, becoming Chairman. David Reeve will continue in his role as Finance Director with Chalcroft Ltd whilst taking up the role of Chief Financial Officer for Chalcroft Holdings. Mark and David, who together led a management buyout in 2007, will continue to support Chalcroft Ltd in an ambassadorial and customer relationship capacity.

Paul Morley, Operations Director and co-owner of the business since 2007, steps up to the role of Managing Director following more than 20 years at Chalcroft. His previous role will be filled jointly by Rob Bull and Andrew Hardy, who progress from operations manager roles in the Industrial & Logistics and Food, Beverage and Pharmaceutical sectors respectively to join the board. The Special Projects division, which works within security critical sectors including energy and telecoms, and Small Works will remain under the leadership of Steve England.

Mark Reeve explained: “Following exceptional growth, the time was right to consider succession planning and positioning the business for continued, positive expansion. Stepping back allows me to concentrate on my responsibilities to Chalcroft Holdings – including mentoring and developing the new board, acting as an advocate for the business and undertaking high-level strategic and fiscal planning – as well as pursuing other projects. As Chairman of the Greater Cambridge and Greater Peterborough LEP, I will be continuing to support other businesses in the local community, as well as continuing to develop strong, lasting relationships with Chalcroft customers and stakeholders, with whom I’ve worked with for many years.”

Paul Morley, who takes over as Managing Director of Chalcroft Ltd, commented: “Since joining Chalcroft in 1992, I have always been focused on contributing to its growth through building long-term client relationships and supporting our team to provide the highest quality of work. The new board structure will give us the opportunity to strengthen our position as the construction partner of choice in our two key sectors – Industrial & Logistics and Food, Beverage & Pharmaceutical – and I am delighted to have the opportunity to lead the team through this exciting period in the company’s future.”

Established in 1979, Chalcroft provides a complete construction service for industrial and commercial clients throughout the UK. As Principal Contractor, the company handles projects from design and build to fit out and refurbishment for multi-million pound manufacturing facilities, warehouses and commercial buildings. Headquartered in King’s Lynn, the company also has offices in Pershore (Worcestershire) and Birmingham.

For further information please visit www.chalcroft.co.uk