Hurstwood Holdings has appointed Sam Ashworth as the group’s new chief executive officer.
He takes over the role from his father, Stephen Ashworth, who has held the position since 1994 and will remain as executive chairman of the board.
The move marks the next stage in the evolution of the family-owned property investment and development company, which currently owns and manages a £400m mixed-use property portfolio nationwide with a development pipeline of more than £80m.
Hurstwood Holdings has also promoted Matt Bint to the role of group estates director and Phil Brassell, who has been with the company for five years, has been promoted to head of construction
Andy Park, who joined the company in 2004 is stepping down from his role as managing director, but he will remain with the group on a part-time basis as chief financial officer.
Stephen Ashworth said: “After more than three decades building the business, the time is right for the next generation to take the day-to-day lead as we enter a new phase of expansion. Sam has been instrumental in driving change within the company, bringing new initiatives and adopting a proactive, hands-on approach that has helped position Hurstwood for the future. His energy, enthusiasm and clear vision for the business make this an exciting time for the company and everyone involved.”
Sam Ashworth added: “It is a privilege to take on this new role at Hurstwood and have the opportunity to lead a hardworking and talented group of people into our next chapter. I look forward to working with the team in continuing to adapt and improve the already strong and valuable platform created by Stephen and Andy and making further significant strides forward for our business.”
