BECG Group has today announced the successful completion of a management buyout (MBO) of BECG Group, which includes BECG, Liberty1, Cavendish Advocacy and SoCrowd.
The Group is now led by CEO Carl Daruvalla, formerly the Group CFO and a key architect in the Group’s breakthrough success over the past five years.
Carl and the new Executive Leadership Team – which includes Gareth Morgan, Samantha Clough, Max Camplin, Jamie Gordon and Steven Park – are all existing directors in the business, and they will now lead the company through its next phase of growth.
Stephen Pomeroy and Andrew Howard have stepped down from their roles as CEO and Managing Director respectively but will both continue their involvement in the Group. Stephen has taken on a new role as a founder non-executive director and Chair of the Advisory Board and Andrew will continue to work with clients on a part-time basis, act as a senior strategic advisor and will also sit on the Advisory Board.
Stephen Pomeroy, Non-executive Director and Chair of the Advisory Board, comments:
I am delighted to hand over the mantle to Carl and the new leadership team, a team who have all helped shape our success over the years. Carl has been an invaluable business partner over the last five years and his commercial and leadership skills, with his sector understanding will provide the Group with a new CEO to take the company on the next stages of its success. I feel enormously proud of what the BECG family has built, together with our staff, clients, friends and supporters. Over the years, our growth, industry leadership position and the countless awards that we have won show the real impact of our work.
It has been the privilege of a lifetime to lead a team of such talented and inspirational people, and to work alongside so many clients that we can call friends, and those who have worked with us to shape some of the most important issues and debates of our generation.
I have absolute faith that the next phase of our Group’s journey will continue to be impactful in supporting our clients and developing great professionals.
Carl Daruvalla, BECG Group’s new CEO, says:
Under Stephen’s leadership as CEO, BECG Group has evolved to become an award-winning full-service communications consultancy with over 150 staff across the UK. By investing in strategic acquisitions and new technologies, the Group has built strong foundations to continue our evolution into a consultancy that is ready to service clients in an increasingly global, social and hybrid world.
With our new leadership team in place, we’re focused on accelerating our growth plans – by investing in strategic insight, technology and creativity – and raising our profile as a globally recognised communications leader.
Throughout this next step in our growth journey, our focus will continue to be on providing exceptional services that set new standards for clients and the sector, and to help redefine strategic communications for a changing world.