Munnelly Group CEO, Phil Munnelly, has announced chief operating officer and his son, Paul David Munnelly as his successor, stepping into the role of chairman after more than 40 years at the helm.
Phil said: “Over the years, as the group has grown and matured, we have established a strong leadership structure that allows for strategic oversight while empowering our leaders to execute and deliver positive results.
“This leadership evolution has enabled me to naturally transition into a more ambassadorial role, allowing me to focus on high-level strategic conversations and client engagements where my industry experience and network can add the most value.
“While my role is evolving, I remain fully committed to the continued success of Munnelly Group. I will stay actively involved in strategic decision-making and will be supporting Paul in his new position.
“I am very excited about this new chapter and look forward to continuing to contribute to the group’s growth and success which has been the story so far.”
Paul has been COO for two-and-a-half years, during which time he has been key to driving operational performance and strategic growth within the family firm.
He said: “I am excited to be taking on this new role within the business and look forward to building on the success that we have experienced under the stewardship of Phil.
“These are exciting times for the Munnelly Group and by making these boardroom transitions, we are strengthening our core, strategic, leadership team even further so that we can continue to deliver excellent levels of service to our clients and partners.”
Established in 1982, Munnelly Group has grown from a small family-owned construction company into a multi-brand business with expertise in construction, security, rail, work-winning, recruitment and geospatial surveying.
The group recently relocated to a new office at The Dock, in Kings Langley, Herts, leaving its former Bridge House headquarters in Harrow where Munnelly Group had been based for more than 40 years.
Lasy year, the company turned in an operating profit of £1.5 million, compared to £1.4 million in the previous year.
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