Hydrock is delighted to announce the appointment of the former UK Managing Director of BAM Construction, Richard Bailey (pictured left) as non-executive Chairman.
Richard Bailey’s appointment coincides with a capital investment by BGF to support and enhance the continued strategic growth plans of Hydrock as a UK-based multi-disciplinary engineering design consultancy.
In a 39-year career with BAM Construct UK, Richard Bailey was UK Managing Director of Construction from 2010 to his retirement in 2016 and is credited with introducing a variety of transformational behavioural change activities that created a workplace culture at BAM centred around inclusion and collaboration, with a complete focus on understanding and delivering an outstanding customer experience.
As Chairman, Richard will work with Hydrock’s existing Board to drive forward the next stage of the company’s growth, supported by a strategic investment by BGF, the UK’s most active investor in medium-sized companies. With an ethos for supporting the long-term sustainable growth of organisations, BGF will support Hydrock with its plans to continue to develop its range of engineering services that support property and infrastructure development across the UK in a wide range of sectors. Following this announcement, Paul Oldham of BGF also joins Hydrock’s Board as a non-executive.
Speaking about Richard’s appointment, Hydrock’s Chief Executive, Dr Brian McConnell (pictured on the right, above) said: “We are delighted to have attracted Richard to our business. With his track record in executive management, his knowledge of the built environment sector, and his passionate belief in the importance of culture in the workplace, he is a perfect fit to be our first-ever non-executive Chairman.”
“In BGF we’ve taken great care to select an investment partner that is culturally the right fit for our business. They support long-term sustainable growth, and in our ongoing discussions it was clear that they place the same value that we do on the importance of creating a great place to work.”
Commenting on his appointment, Richard Bailey said: “I’ve followed the growth of Hydrock for many years and admired their approach to creating a positive workplace culture, so I’m naturally delighted to be given this opportunity to work with the Board and be part of the team shaping the next exciting chapter in Hydrock’s development.”
“There are currently so many dynamic aspects to the property and infrastructure sector, from changing patterns of mobility, to wellbeing, new forms of energy, and off-site construction. It’s a great time to be a designer, and for a vibrant and ambitious organisation such as Hydrock, it offers so many opportunities for business growth and the career development of its staff. I’m looking forward to getting stuck in!”
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