Eco Buildings Group PLC has announced significant board changes, marking a new chapter in the company's journey towards sustainable growth and success. Andrew Allner, who served as Chairman for over 12 years, is retiring, expressing confidence in the future growth of the modular building sector and the company's positioning to take advantage of these trends. Don Nicolson has been appointed as the new non-Executive Chairman, bringing 40 years of experience in various sectors, including a senior role at BP. A handover period will take place to ensure a smooth transition.
The company has also confirmed the immediate dismissal of Dominic Redfern, Executive Vice Chairman, for cause, aligning with their commitment to upholding the highest standards of conduct within the organization. Outgoing Chairman Andrew Allner expressed his gratitude for his time at the company and his belief in the future growth of the modular building sector. Don Nicolson, the incoming Non-Executive Chairman, expressed his honor in leading the company through its next developmental strides, leveraging the substantial order book to accelerate growth.
Sanjay Bowry, CEO of Eco Buildings, expressed his gratitude to Andrew for his invaluable advice and welcomed Don to the Board, anticipating a collaborative effort to tap into tremendous growth opportunities for eco-friendly, modular housing on a global scale. The company remains confident in its trajectory in the modular housing sector and expresses gratitude for Andrew's significant contributions over the last twelve years. The company is poised for substantial success, making the news exciting for all stakeholders.