Portmeirion Group has announced that Lawrence Bryan, its director and chief executive for nearly 20 years, has retired from his executive duties.
Lawrence will continue to bring his wealth of knowledge and experience to the business as a non-executive director on the board.
Having worked closely with all parts of Portmeirion Group for the last two and a half years, Mike Raybould has been appointed chief executive. Mike joined as finance director and has made a significant impact on Portmeirion Group’s strategy and business as the Group continues on its path of growth and evolution into a diversified homewares company.
Chairman Dick Steele commented: “On behalf of the board, the company, our people and our shareholders, I thank Lawrence for his service and wish him a happy and well-earned retirement. I struggle to find words that are adequate to describe the huge contribution that Lawrence has made to the Group. Without his leadership, commercial expertise, commitment and perspicacity the Group would not be the force that it is in homewares today. I am delighted that he has agreed to continue to serve on the Board in a non-executive capacity. The Group and executive team will continue to benefit from Lawrence’s unparalleled sector knowledge, built up over more than forty years.”
Lawrence Bryan, outgoing chief executive, said: “After nearly 25 years with Portmeirion and nearly 20 of them as chief executive, it is with no small degree of sadness that I am stepping down from my executive role with the Group. I leave in place a very strong team of senior management in whom I have supreme confidence.”