Portmeirion Group has appointed Peter Tracey as its new non-executive chairman.
Following a number of years of dedication to the group, Dick Steele has informed the board of his intention to step down from the board and his role as non-executive chairman.
Dick will leave the board on 31 January 2025 having seen the Group grow its global reach and brand portfolio through a number of acquisitions including Spode, Royal Worcester, Wax Lyrical and Nambé.
Peter Tracey is joining the board as non-executive chairman and chair of the nomination committee with effect from 1 February 2025. Peter is managing director of Blackdown Partners, an independent investment bank. He is also a non-executive director of Hurtwood Capital, his private family office and Inspired, a leading technology-enabled service provider.
Mike Raybould, chief executive, commented: “I would like to thank Dick, on behalf of the entire board, for his valuable contribution, leadership and guidance over the years. Dick’s dedication to supporting British manufacturing and homeware brands has never wavered and he will leave the board with our very best wishes for the future.
“We are pleased to welcome Peter to the board as non-executive chairman. Peter’s contribution will assist the group in delivering long-term, sustainable value for all our stakeholders.”