Travis Perkins has promoted Nick Pinney to the position of property director.
Due to take up his role from 1 November, he will succeed Martin Meech who is retiring at the end of 2021 when he will become a non-executive director of the group.
Pinney joined Travis Perkins in 2014 as divisional property director and in 2019 was promoted to the role of property director for the group’s merchant businesses. In his new position, he will oversee the Travis Perkins’ £1 billion property business that includes a portfolio of more than 1300 buildings. He will also be responsible for the continued growth and development of the group’s estate. He will report to Travis Perkins’ chief financial officer, Alan Williams.
Williams said: “I am really pleased to announce the promotion of Nick, who is a fantastic asset to our team and who has grown with us since he joined the business seven years ago. This appointment is a testament to his talent and skills, and also of our commitment to the development of our own colleague pipeline.
“Nick has already played a key role in developing the property strategy that supports the ambitious growth we have for our businesses, and he will now be responsible for the long term plan to maintain and improve our estate, to make sure it is fit for the future in terms of driving the digital agenda, and that we lead the way on sustainable construction.”
Earlier in his career, Pinney worked as a retail partner for Strutt & Parker and as an analyst at Morgan Stanley.