Stephen Martin is stepping down as chief executive of the Clugston Group to take over as director general of the Institute of Directors later this year.
Martin has led Clugston for ten years building it into a £150 million turnover company with interests in logistics, construction, facilities management and property development.
He said: “I am very excited to be taking on this new challenge at the IoD, working together with Lady Judge to make sure we are the organisation of choice for all company directors.
“I have found the support IoD membership provides invaluable in my role running a business in Scunthorpe and want to further strengthen the Institute’s position in all regions and nations of the UK. The IoD’s mission to provide excellent professional development for directors is hugely important to ensuring British companies are well-run, and I look forward to continuing innovation in director training.”
John Clugston, chairman of The Clugston Group, said: “Stephen has been a most effective and loyal CEO and while we are sorry to see him leave The Group, we are delighted he will be taking up such a prestigious appointment. Once Stephen’s successor has been selected a further announcement will be made by The Group.”