Newcastle-based Nixon Rent has introduced a transformation in management, with leader running officer Brian Cornett changing Graham Nixon as leader government.
The handover takes impact on 1st August 2025.
Graham Nixon took over the circle of relatives trade from his father John Nixon in 2005. In 2021 he bought a piece of the trade to by way of Pricoa Non-public Capital. He has since reshaped Nixon Rent from a generalist rent corporate into a consultant concerned about website lodging. As a part of this transition, the corporate bought its huge plant trade in 2024 and maximum just lately introduced the sale of its welfare van trade.
Graham Nixon, now 53, is relocating out of the country as a part of a long-planned circle of relatives transfer. He’ll stay a non-executive director of the trade.
Brian Cornett joined Nixon Rent in Would possibly 2024 having up to now been UK operations director at Pass Apartment Products and services and, earlier than that, co-founder of Fast Rent’s Energy Department.
The 2024 monetary effects for John Nixon Restricted additionally introduced just lately confirmed turnover expanding by way of 8.6% to £108.3m (2023: £99.6m) and running benefit expanding by way of 6.3% to £7.8m (2023: £7.4m).
Graham Nixon mentioned: “It’s been an out of this world privilege to guide Nixon Rent and to construct at the legacy my father started. The corporate has been an enormous a part of my lifestyles since I first began out within the depot on the age of 16, and I’m happy with how a long way we’ve come – particularly the way in which we’ve tailored and developed to mirror buyer wishes leading to more potent enlargement over the years.
“What’s made the adventure so particular are the folks I’ve labored along, a lot of whom have had careers within the trade spanning a number of many years. Nixon Rent has at all times been about folks – colleagues, shoppers and trade companions. I’m extremely thankful for the toughen, determination, and friendships I’ve constructed alongside the way in which, a lot of which I do know I’ll have for lifestyles.
“With Nixon Rent in a robust monetary, marketplace and management place and a wealth of alternative forward, now seems like the correct time handy over the reins and start a brand new bankruptcy out of the country with my circle of relatives. I’ll stay concerned as a non-executive director and look ahead to supporting Brian and the broader staff as we proceed to pursue our ambition to turn into the United Kingdom’s main professionals in sustainable websites.”
Brian Cornett mentioned: “Due to transparent strategic course, ahead considering and a shared trust in our imaginative and prescient, Nixon Rent is rapid changing into the go-to spouse for sustainable website answers national. We’re construction one thing in actuality thrilling for our shoppers and our folks, and I’m honoured to step into the position of CEO to assist lift that momentum ahead. We have now a vastly proficient staff, and I look ahead to operating intently with them as we strengthen our functions, develop marketplace percentage and ship ever higher worth for purchasers.”
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