End of an era for Bancon as Burnett ‘winds down’ role
A new man is to take the helm of one of Deeside’s best- known companies as the current head is “winding down” after 40 years.
James Burnett of Leys, Chairman of the Bancon Group has announced that after 40 years he intends to wind down his day-to-day involvement in the Group and Bob
Hutcheson who joined the Board as a non- executive Director in January 2012 will replace him as Chairman.
Mr Hutcheson is well known in Aberdeen business circles having been a partner with KPMG Accountants for 27 years before stepping down as senior partner six years ago to take up a number of non-executive roles including Aberdeen Global (Luxembourg), Imes Group and Water Weights Group.
He has also been working closely with the Burnett family over the last two years.
Bob Hutcheson said: “I’m delighted and indeed honoured, to succeed James Burnett at this exciting stage in Bancon Groups development. The Group’s growth and increase in net worth over the last twelve years tells me I will be working with a Board which has a wealth of experience in its field. One of the Group’s key strengths, in addition to its staff, is its landholdings, both current and strategic, which augurs well for future growth.”
Bill Beattie, CEO of the Bancon Group, said: “The Board is delighted to welcome Bob Hutcheson as Chair of the Group. His depth of experience and knowledge will assist us in ensuring that our key influencers, staff and shareholders, can look forward to a continued period of targeted growth and profitability.”
The Bancon Group of Companies are engaged in General Building Contracting, Design and Build, Housing and Property Developments, Timber Frame Design and Manufacture and Specialist Works and Property Maintenance.
The Bancon group will celebrate its 40th year in 2015.
With over 320 employees, the consolidated group turnover in 2013 was £74 million- an increase of 34% from the previous year.
The Group has over 4,000 acres in strategically significant locations both in Aberdeen City and Aberdeenshire.
For more information visit: www.bancon.co.uk