New director steps up at John Pye & Sons

Nottingham headquartered national auction house, John Pye & Sons, has appointed Trevor Palethorpe to its board of directors.

Palethorpe began his career with auctioneer John Pye in 1997 as a junior to company co-owner Ann Pye and has since held myriad roles with the firm.

Currently, he jointly heads up the auctioneers Business Assets and Property divisions, drawing from over two decades of experience in the turnaround and restructuring market.

Over the last 24 months, his role has evolved to include overseeing the company’s marketing strategy. During this period, bidder registrations rates have almost doubled, the company has experienced the fastest ever social media growth and its website is ranked the number one auction site in the UK.

Palethorpe said: “To be joining the Board at such a pivotal time in the firm’s history is incredibly exciting and humbling. Since joining the firm as a trainee all those years ago, the business has evolved almost beyond recognition, particularly in the last few years. It is my ambition that when I step down in the distant future the company achieves sustainable growth and is even bigger and better than it is today.”

Palethorpe has provided valuation and sales advice on some of the UK’s most high-profile administration cases, including Phones4U, Jack Wills, Jessops Plc, Sofa Workshop and most recently MADE.com, securing stock with a retail value of £33m.

Adam Pye, managing director, said: “Trevor has played a pivotal role in helping to develop John Pye and Sons into the renowned award-winning, multi-million-pound business it is today. This appointment is a testament to our commitment to growing talent from within and the part Trevor has played in helping us drive into new markets and achieve our ambitious goals to date.”