Stewart Group announce management changes

News has emerged that several management changes have occurred at the Stewart Group.

Group CEO Richard Butler ? who joined the business in 2011 ? left the Stewart Group in October and is yet to be replaced. Butler was part of a management buyin/buyout (BIMBO) that valued the business at ?17m, and ECI invested ?12m into the business.

While the Stewart Group looks to replace Butler, executive chairman Robin Pugh ? who represents the private equity owners of Stewart, ECI ? is running the company.

Moreover, UK sales manager Edward Cantle has also left the business. Long-time sales director Nigel Thompson decided to leave the business in December, but he will continue working for Stewarts as a consultant.

Finally, the Stewart Group has created a role for Gavin Wray. The former national account manager?s new title will be channel manager for garden centres.

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