Paul Ryan, the chairman of Watson Batty Architects, has announced that he will be reducing his role and stake in the business with effect from October 2017.
Known for his work with our long term client Royal Mail, Paul has been a director of Watson Batty Architects for 23 years. Paul has been instrumental in assisting the growth of the company over the years, turning WBA into a leading regional architectural practice, working nationally and employing 50 people from our studios in Leeds and Loughborough.
Handing over the baton to the four remaining equity directors; Peter White, Andrew Grindrod, Richard Merrills and Mark Sidding, Paul has relinquished his shareholding as he approaches retirement and moved into a consultancy role. The process also saw shares allocated to seven other members of the team as a part of the succession strategy and commitment to broaden ownership with the future generation.
Peter White, Managing Director at Watson Batty Architects said;
“Paul has been a fantastic leader for the business and a great inspiration to our team for many years. He has been instrumental in taking Watson Batty from a £850k turnover Yorkshire business to a Regional and UK leading practice that employs 50 people nationwide working for many leading brands. Last year we celebrated our 40th anniversary with a re-brand and plans to increase turnover to over £4.0m, which we are currently on target to achieve that with year on year growth. We would like to thank Paul for his tireless commitment and wish him the very best transition into retirement. We are pleased that he is able to maintain a consultant role and assist in concluding the graduation of our talented team into management roles.”
“As a future focus practice we continue to invest heavily in developing our expertise and technological capabilities. As well as offering architectural design services we see the business expanding the, interior design, and principal designer services in addition to developing our master planning work for all sectors. As well as providing new revenue streams to the business, developing our expertise in these areas will bring an additional level of service to our clients and will help cement our position as a leading design and architectural practice”
Paul’s succession has been planned over a number of years and that he will still be working alongside the team to ensure a seamless transition of roles and responsibilities. If you would like any further information on the above or have any queries, please contact Peter White or a member of the team.