Argent has announced plans to transfer its employees, projects and assets to Related Argent Limited as of 1 May 2024, with joint managing partner Robert Evans stepping down from the business at or around the transfer date.
Evans, who has been with Argent for 23 years, has already stepped down from his position as joint managing partner of the business and will remain as a partner until his departure. He will remain CEO of King’s Cross until he leaves the business. Nick Searl will continue as managing partner of Argent until the business transfer and Tom Goodall (pictured), partner and head of residential for Related Argent, will become the managing director of Related Argent Limited with immediate effect and will lead the combined business from 1 May 2024.
Current partners Nick Searl, André Gibbs, Morwenna Hall and Mike Lightbound will all become executive directors, and David Partridge will continue as the Related Argent chair. The leadership team will continue to work closely with Ken Wong, co-founder of Related Argent and COO of Related Companies.
Going forward, the business, which is renowned for delivering large scale regeneration projects such as King’s Cross in London and St Peter’s Square in Manchester, will operate solely under the Related Argent name.
Tom Goodall, managing director of Related Argent, said: “It is an honour to be offered the opportunity to lead the Related Argent Limited business and I look forward to working with my 200 talented colleagues who are delivering some of the best projects in the UK.
“Our current pipeline is just the start of the Related Argent journey as we aspire to grow the business with new projects both inside and outside of London. Together with Nick Searl and my other partners, over the coming year we will be focused on preparing ourselves to become one company in May 2024.”
Nick Searl, managing partner Argent and partner of Related Argent, added: ”I firstly want to congratulate Tom Goodall on his new role as managing director of Related Argent Limited. Our future is in good hands, and I will be working with Tom and my other colleagues to take forward Related Argent as the next evolution of this great business.
“I also want to thank Robert Evans for everything he has done over the past three years working closely with me as joint managing partner. He has been instrumental to the success of our business and our projects over many years.”
David Partridge, chair of Related Argent, said: “For more than 40 years, our company has continually evolved to meet shifting business, investor and consumer needs. Related Argent Limited is a natural next step in this process and I look forward to working with the leadership team to deliver the regeneration projects and services our UK cities need and demand.”
Ken Wong said: “When we established Related Argent, combining the best of Argent and Related, it was our shared objective that this new company would be the future of the business. Related Argent brings a compelling and unmatched offer to the UK market.
“We believe that announcing these succession plans well ahead of their implementation creates the right platform for the future leadership to succeed, and for the business to flourish. I would like to congratulate Tom Goodall on his new position as managing director of Related Argent Limited and thank Robert Evans and Nick Searl and the Partners for their leadership.”
