LONDON Steve Rawlins, who has been at components distributor Anglia for over 30 years, has moved up to become CEO as part of a restructuring of its operation to provide a revised management infrastructure.
Rawlins, who is currently Group Managing Director, will take over the role of CEO from the founder Bill Ingram, who will become President of the Company. He will become a shareholder of the trading company, Anglia Components Limited, and Sales Director Jim Ward also joins the Executive Board of Directors. At the same time, Neville Reyner is joining the company's board as a Non-Executive Chairman, while Keith Hover continues as Company Secretary.
The restructuring acknowledges Bill’s reduced day-to-day involvement; however he will continue to hold a majority stake in the trading company through the group holding company, affirming his wish to maintain Anglia's status as an independent distributor.
Rawlins' new position recognises his ongoing contribution to the growth and continuing success of the business and says the company should be viewed as a significant step forward in the succession process.
Anglia commenced trading in 1972, and in the intervening period has increased its annual sales by a factor of 1000 to almost £30million.
Rawlins said, “The new management structure supports Anglia’s commitment to the current strategic direction of the business, and underlines Bill’s confidence in the existing management team. I am delighted to have been offered a share in the business, which has been consistently successful even through the tough market conditions we have experienced over the past few years.”