Iain Speak, chief executive officer of Bibby Supply Chain Services, is to move to a consultancy role supporting Bibby Line Group from 1st January.
He has been with the company for 17 years, taking over as CEO from Theo de Pencier in 2007.
As a consultant, Speak (pictured) will support Bibby Distribution and other Bibby Line companies in developing strategies for their continued growth.
Sir Michael Bibby, managing director of Bibby Line Group, said: “Iain has been at the centre of Bibby Distribution’s growth throughout his employment and has led transformational change, taking Bibby Distribution from a single product UK company to a portfolio of international businesses in 2014 – and poised for further growth in the years ahead.”
Bibby Distribution’s turnover has risen from £63m in 1997 to more than £300m today. In May of this year, Bibby restructured its business creating Bibby Supply Chain Services to oversee Bibby Distribution, Bibby International Logistics, Packaging Logistics Services and Bibby Employment Services.
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Speak said: “I’ve had a fantastic career with Bibby Line Group spanning the best part of two decades, and look forward to continuing the relationship on a consultancy basis.”
Under Speak, Bibby has grown both organically and through acquisition. Acquisitions included: Taygroup; a significant part of the English operations of haulage company MRS Distribution; TM Logistics; and Atchison Topeka.
Earlier this year he received the chairman’s award from the UK Warehousing Association for his lifetime contribution to the sector.
