The Bayford Group has appointed an MD with over two decades of experience in senior positions with organisations including Marks & Spencer and Topshop.
Lindsay Austin’s expertise in UK and global roles span global head of retail at Topman, Topshop, head of retail at Mamas & Papas – and leading Marks & Spencer’s North East region.
As MD of The Bayford Group, which marks its centenary this year, Lindsay is responsible for overseeing its diverse businesses comprising energy, property investment and development – and hospitality.
The 42-year-old MD has taken over from Liz Slater who will stay on with the group – which posted record profits of over £17m last year – and continue to work closely with entrepreneur and founder Jonathan Turner to grow the business into new territory.
Their recent ventures have included the launch of Gulf Gas and Power to provide electricity and gas supply in the UK and spearheading a new enterprise in Holland.
Liz’s career with the group dates back to 1988 when she joined the business as a graduate trainee, progressing to board member in 1999 and to group MD in 2007.
Her achievements include overseeing a raft of successful acquisitions and new business start ups which include launching The Right Fuelcard Company (TRFC), the UK’s fourth largest fuel card supplier in which French pre-paid meal vouchers and card provider business, Edenred, purchased an 80 per cent stake for £95m in 2018.
Jonathan said: “Lindsay’s wealth of commercial and operational experience highly complement the group’s diverse companies. Her appointment comes at a formative period in our evolution in the energy sector and focus on renewable energy with our new businesses. There is a huge amount of change going on globally with electric vehicles, EV supply, battery storage and solar power and I’m delighted we are in the thick of it.
“A heartfelt ‘thank you’ to Liz for her invaluable role as MD in growing and driving the Bayford day-to-day operation forward over three decades. I look forward to continuing to work with Liz as we accelerate the further global expansion of our Gulf Gas and Power business.”
The Bayford Group, which has its headquarters at Bowcliffe Hall, was launched 100 years ago at the end of the First World War by four soldiers from Leeds who were demobbed in the Hertfordshire village of Bayford and started a coal merchants business in Leeds. It is wholly owned by Jonathan.
Lindsay said: “The company boasts a rich history and powerful track record which speaks volumes. I’m looking forward to sustaining its successful operations in challenging and vibrant markets as we continue to diversify, evolve and expand.”