Southampton headquartered, Meachers Global Logistics, has today announced implementing a restructuring of its board as the final part of its three year strategic plan.
Stuart Terris will be appointed Managing Director and will replace Bob Terris who will move into the role of Chairman of the Company. The move will be effective from the 1st November 2011.
In addition, Clive Broadley, who has headed the Freight Forwarding division will retire at the end of October 2011, but will be retained as a consultant advising the board on international activities.
The changes represent the final phase of the strategic plan that the company set out three years ago, which included the organisation setting out new strategic direction, rebranding into Meachers Global Logistics and a succession plan for the senior management team.
Commenting on the changes, Bob Terris said: "The changes recognise the need for forward planning and are part of the longer-term strategy which acknowledges that continuity and succession are key to the development of the Company.
The Board boasts a wealth of experience and can demonstrate strong financial and commercial awareness. I am confident that it is well placed to meet all of the requirements of the modern business environment."
Stuart Terris, added: "I’m proud to take on the role of Managing Director. The business has developed on a basis of high quality service at competitive prices, combined with continued investment in people, equipment and facilities. We have evolved continually to meet the changing needs of the market place and that will continue be one of our objectives."
Stuart Terris, aged 41, graduated from the University of Kent with an honors degree in Accountancy. He is a qualified Chartered Accountant and has developed extensive knowledge of the logistics industry in his twenty years with the business and more latterly with his roles as Group Operations Directors (2008) and Deputy Managing Director (2010).
Bob Terris, has been Managing Director of Meachers Global Logistics for 30 years. During almost 50 years with the Company he has developed it into one of the UK’s leading independent global logistic providers.