UK’s biggest remanufacturer announces change at the top
The UK’s largest lighting remanufacturer FUTURE Designs has announced that its longtime managing director David Clements is to become chairman while handing over the managing director role to his son Oliver.
David will move away from the day-to-day running of the business to focus on strategic growth in key global markets across Europe and the Middle East, whilst pushing forward with the expansion of the carbon carefulTM initiative into other market sectors.
Succession planning for FUTURE Designs began five years ago with the creation of the Employee Ownership Trust. This was initiated for the long-term benefit of all employees and the continued legacy of the organisation. Since then, there has been a focused strategy to develop and strengthen the senior management team, alongside a significant investment to increase the expertise and skill sets within the business.
After nine years in Farringdon the business has relocated the design and technology centre to Soho. Thie firm says the move represents a major investment to increase its presence and visibility, creating an industry hub for networking and knowledge sharing.
‘My role is to maintain our strong legacy and ensure even greater success for the future,’ Oliver Clements told the press. ‘Continuity of business is paramount and I look forward to increasing and developing FUTURE Designs with my co-directors, Leon Ellis, Technical Director and Paul Noad, Operations Director, alongside our senior management team.
‘The wider marketplace is continually evolving and I remain as dedicated to our customers as ever, ensuring that the latest innovations and technologies are integrated throughout our manufacturing processes and product development.’
‘FUTURE Designs has grown organically to become one of the top five privately owned lighting manufacturers in the UK,’ said David Clements. ‘I’m excited for the management team, led by Oliver, to create their own path for future success, building on the strong foundations of FUTURE Designs. We have always remained at the forefront of innovation in this sector and there is still much to be excited about as we strive to always deliver the best product and outcomes for our valued customers.”
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