Stephen Martin, chief executive officer of Clugston Group, has been highly commended at this year’s prestigious Institute of Directors (IoD) Director of the Year Awards UK Final.
Mr. Martin, who earlier in the year won the IoD East Midlands Director of the Year Award, was shortlisted in the large company category of the awards, which are designed to recognise and celebrate the exceptional achievements of individuals at director level within organisations across the UK.
Mr. Martin was commended for the drive and determination shown in turning around Clugston’s fortunes over the past two years. After a spell when the impact of the recession was challenging the Company’s core activities in construction, logistics and property, the Group identified new markets and opportunities and delivered significant improvements in both turnover and margin.
Mr. Martin said: “I am delighted to have been highly commended. It has been an exciting year for everyone at Clugston, and I am grateful for all the hard work and effort the entire team has put into making it such a memorable year.”
Despite the turbulent economic climate, Clugston has delivered record breaking profits. Figures for the year, 2012/13, showed turnover increased by 30 percent to £108.7m from £83.8m in the previous year and a threefold increase in pre-tax profit from £2.0m to £6.1m.
Clugston Group, which celebrated its 75th anniversary of continuous trading in 2012, can also look forward to the next 12 months having already secured a forward order book in excess of £220m.
Mr. Martin was shortlisted for the award alongside directors from several of the UK’s largest companies. The ceremony took place on the 11th October at the Grange Hotel in London.
About Clugston Group
Clugston Group was established over 76 years ago by the current chairman’s father. The Group, which has offices in Scunthorpe, Leeds, Bromsgrove and Hebburn Tyne and Wear, has activities in construction, logistics and property development and has built a reputation for safely delivering a wide variety of services and projects for customers in the public and private sectors. For further information about Clugston visit www.clugston.co.uk