Scotia Homes' managing director Martin Bruce is to retire in December.
He supported his late father, Bill Bruce, in founding Scotia back in 1990 and is stepping down from his role to become more involved with his family’s farming and commercial property businesses.
The Ellon-headquartered house builder is moving to a co-leadership model, with existing directors Graham Reid and Richard Begbie being appointed joint managing directors to succeed Bruce.
“There have been phenomenal experiences providing great memories and I am leaving behind an enthusiastic, hard-working and loyal team who I will miss greatly,” said Bruce. ”I am delighted at Graham and Richard’s appointments which represent the beginning of an exciting phase for Scotia - and I wish them both every success in their new roles.”
Gary Gerrard, chairman of Scotia Homes, stated: “Martin has made an outstanding contribution to Scotia over the past 30 years and we will miss him hugely.
“He has led the business through two recessions, three oil price crashes and the pandemic, which all had a dramatic impact on the housebuilding sector.
“Notwithstanding these major economic downturns, Martin leaves the business in great shape from an operational and financial perspective and today, Scotia remains one of the few remaining privately owned regional house builders in Scotland.”
Gerrard added: “Change brings opportunity and we have two outstanding young leaders with complimentary skill-sets, who will continue our vision of building high quality homes for our customers and putting people at the heart of everything we do.”
Reid joined Scotia in 2021 after a career in surveying, banking and property development, while Begbie has been with Scotia for almost 20 years in a variety of roles, from project management to health and safety, and most recently, as construction director.
Scotia Homes has current and future developments in Aberdeen, Arbroath, Aviemore, Ballater, Blairgowrie, Braemar, Brechin, Croy, Ellon, Forfar, Insch, Inverness, Kincraig, Kintore, Newmachar, Oldmeldrum, Perth, St Andrews and Tarves.
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