Forest Enterprises leadership change
Wednesday 7 Feb 2018Forest Enterprises' director Steve Wilton has initiated the latest stage of the company’s succession plan by handing the leadership to his fellow directors. Wilton is taking on the new role of Special Projects Director, retiring from his responsibilities as Managing Director.
Forestry Director Bert Hughes takes up the helm as CEO in addition to his forestry responsibilities. Graeme Tindall has been appointed Managed Investments Director, assuming much of Wilton’s investment related responsibilities.
Forest Enterprises’ priority is to accelerate the planning necessary to ensure the profitable harvest of their investor’s forests and secure the future for the investments. The new role means Wilton will be dedicated to the specialist work required to implement these plans over the next eight months to 1 October.
Wilton describes it as a triple-win saying, “This restructure fulfills all my ambitions for the company, as well as for my own retirement, and ensures that our Investors’ interests remain the paramount focus, now and in the future.”
Hughes added, “Steve followed company founder Charles Wallis as a pioneer of the retail forestry investment business, and built the enterprise we have today. Having Steve so focussed on our business growth plans is of huge value to us and our clients. He has left us big shoes to fill, but I speak for all the shareholders when I say how confident I am of our plan and our people.”
From 1 October 2018, Steve will be appointed the non-executive Chair of Forest Enterprises Growth Limited (the parent company of the business) in which role he plans to be active for some years.
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