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Watson Batty Announces Equity Release to Seven Rising Stars

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Watson Batty architects has revealed that they have released equity in their business to seven of their management team. This latest announcement has been announced as a part of the succession planning process. This planning process for Watson Batty is now in the 4th generation ownership structure.

Last Month, it was announced by Watson Batty that Paul Ryan would be stepping down from his role as Chairman. With this move, the full ownership of the company has been handed over to the four remaining Directors, who are Pete White, Andrew Grindrod, Richard Merrills and Mark Sidding.

The latest announcement, that equity will be released to seven rising stars in the business is seen as a major step forward in terms of recognising and rewarding their talent and commitment while also working to maintain loyalty and stability in the long term. The Managing Director for Watson Batty, Peter White has said that as the company moves into their 42nd year of practice, the company has continued to offer a strong performance across all key sectors. However, despite this amazing progress by the company, they are not complacent and are focused on maintaining their hard fought reputation. Watson Batty is focused on looking to the future and their rising talent is an important aspect of that.

One of the new equity owners of Watson Batty is Tom Sykes, who has been working at the company for the past 12 years and has worked his way from apprentice to a strategic level. During his progression through the ranks at the architectural company, Tom has said that he has been supported throughout his career and is excited to have an opportunity to contribute to the growth and the future of the practice in order to give back and support the younger generations of staff who are, like Tom did, working their way up the ranks.

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BDC 315 : Apr 2024