A Lanarkshire business has announced a restructure of its board after an impressive turnaround since a management buyout three years ago.
Premium bakery and confectionery ingredients supplier, R&W Scott - based in Carluke - has announced John Easton as the new executive chairman of Scott's Holdco.
John led the buyout along with finance director Michael Hewitt at the end of 2018 and will now focus on business strategy and potential mergers and acquisitions.
Stephen Currie will step up from the role of commercial director to become Managing Director with immediate effect.
He was recruited back to the business in 2016 by John Easton. Over that period, the business grew turnover from £8.9m - £14.5m.
Other changes on the board will see Clare McNeil join as commercial director, having successfully led the sales and development teams since joining the business in 2017.
In the last month, the directors and broader management team acquired the full shareholding of the major independent investor.
This now means over 96 per cent of the company’s ownership is in the hands of directors and employees of the business.
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