We are pleased to share that our long-term succession planning has reached a significant milestone. With the guidance of our advisors, we have recently completed a Management Buyout (MBO) that will see Jason Stanley and Edward White, who have been recruited into the commercial team over the last few years, progressively acquire ownership of the business alongside our Chairman, Christopher Livingston-Campbell. This move marks an exciting step toward the future of Philip Tyler Polymers, with both Jason and Edward set to play a central role in the company’s continued growth and development while working alongside our long-term and experienced team.
Roger Baynham and Jason Pughe will remain on the board as Directors for the next five years to support a structured and strategic transition. Roger Baynham will continue in his role as Managing Director in the short term but will gradually scale back his day-to-day involvement as leadership responsibilities are handed over to the management team. Christopher Livingston-Campbell, will take on a more executive role in the business during this period.
Jason Pughe has now transitioned to a part-time role within the business.
Together, Roger and Jason will ensure that the deep knowledge and experience that they have built up over more than 30 years with the company is transferred effectively to the next generation of leadership, securing the business’s continued success.