New CEO poised to build growth at construction group
Yorkshire-based GMI Construction Group has appointed Lee Powell to the newly created role of chief executive officer to realise its vision of long-term sustainable growth.
The business explains it is preparing to expand into other regions and sectors and the new CEO will implement a strategy of achieving constant and controlled growth while maintaining the company’s debt free status.
GMI is forecasting an annual turnover of more than £350m for 2022 and has secured £300m worth of opportunities.
Powell, previously the company’s divisional managing director for Yorkshire, has overseen growth in the county, together with his firm’s recent expansion into the North East region – establishing an office in Stockton-on-Tees with a team of local professionals headed by a newly appointed operations director.
GMI Construction Group, which provides specialist design and build capabilities, is involved in a range of high-profile projects.
These include a £200m development to create a train manufacturing plant, infrastructure and rail supply chain village for Siemens Mobility in Goole, East Yorkshire, and a £30m office building at Thorpe Park, Leeds.
David Shann, chief executive of GMI’s parent company, Highgrove Group PLC, said: “As CEO, we believe Lee has the experience, energy and ability to take GMI to the next level.
“Equally at home on site or in the boardroom, he has already proven to be a major driver within the business and is responsible for helping create our enviable reputation for delivering quality developments on time and within budget.”
Powell added: “As the UK continues to level up across all of its key regions, I want to ensure GMI is right at the heart of that growth and powering forward with our expert team of industry leading professionals.
“I am however aware that GMI needs to implement that growth by retaining those values that has delivered success to this company and our clients.
“These include using local suppliers and sub-contractors whenever possible, as well as creating educational opportunities, to bring maximum economic benefit to the communities we are operating in.”