Safestyle UK announces resignation of COO

Bradford-headquartered Safestyle UK has announced the resignation of chief operating officer Giles Richell, from both his executive role and board directorship, following a ‘hugely challenging’ 2018. 

The retailer and manufacturer of UPVC replacement windows and doors issued a profit warning in December after expecting its full year pre-tax losses to amount to between £8.2m and £8.6m – a widening of around £2m since its last trading update.

The business has also announced it is now delivering a three phase turnaround plan. Part of this plan requires Safestyle UK to simplify its organisational structure and recover its overhead position.

Richell will resign from the board with immediate effect and will remain in the business to focus on handing over his executive responsibilities in due course. hIS role will not be replaced and his reporting lines will revert to the senior leadership team.

Mike Gallacher, CEO of Safestyle UK, said: “Giles joined the Group in February 2017 and led the transformation of our manufacturing site at Wombwell, significantly enhanced our HR function and led our Digital Transformation programme.

“I would like to thank Giles for his significant contribution to the business over the last two years and the Board wishes him all the best with his future endeavours.”