REG - Begbies Traynor Grp - Group CEO appointment

Begbies TraynorAnnouncement

23/09/2025 07:00

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RNS Number : 3235A  Begbies Traynor Group PLC  23 September 2025

23 September 2025

Begbies Traynor Group plc

Group CEO appointment

Establishment of new management board

 

Begbies Traynor Group plc (the "Group"), the financial and real estate
advisory firm, is pleased to announce that Mark Fry, currently an executive
director and head of restructuring and advisory services, has with immediate
effect been appointed as Group Chief Executive Officer (CEO), a newly created
role on the Group board.

The Group has grown significantly over the last ten years, in which time we
have tripled the size of the business with a six-fold increase in adjusted
profit before tax.  As a result, the board has been considering the optimum
leadership structure to reflect the current size of the Group and its growth
ambitions.

In his new role, Mark will be responsible for the day-to-day leadership of the
Group, and will drive the ongoing implementation of our growth strategy, with
responsibility for overall business performance. He will also continue to act
as a senior fee earning partner. Mark joined the Group in 2005 following the
acquisition of his practice, and was appointed to the Group board in 2011.

Ric Traynor remains Executive Chairman, focusing on the strategic development
of the Group. Nick Taylor will continue in his current role of Group CFO. Nick
has served as CFO since 2010, having joined the Group in 2007.

In addition to these changes in executive responsibilities, the Group will
form a new management board to support Mark and Nick in managing the business
on a day to day basis and developing and executing the growth strategy.  In
addition to the executive directors, the management board will include two
managing partners: Julian Pitts (who takes over restructuring services from
Mark) and Anthony Spencer (real estate advisory). Mark will retain management
responsibilities for our financial advisory services.

Julian has been a partner in the restructuring business since 2006, following
the acquisition of his practice, and is a very experienced insolvency
practitioner. Most recently, Julian has managed our North East and Yorkshire
practice, delivering significant growth during his tenure. Anthony joined the
group in 2014 through the original acquisition of Eddisons, that created the
real estate advisory division, and has led the practice through its subsequent
period of significant growth.

Ric Traynor, Executive Chairman said:

"Having significantly grown the group over the last ten years, now is the time
to evolve and optimise our leadership structure. The changes being implemented
will enable us to both manage the increased scale of the Begbies Traynor
Group, whilst ensuring we have the right team in place to achieve our growth
ambitions.

"Mark has all the right attributes to be our CEO; having joined Begbies
Traynor in 2005, he has led our restructuring and advisory division since 2010
during a period of rapid organic and acquisitive growth, whilst successfully
delivering our strategy to increase our reputation in the mid-market.

"I am excited for the next stage of our development and look forward to
working with Mark and Nick and our teams to deliver our ambitious plans."

Mark Fry, CEO, said:

"I am delighted to have been appointed to the newly created role of Begbies
Traynor Group CEO. I am looking forward to working alongside the leadership
team to deliver our growth ambitions.

"We have a very experienced and talented team underpinned by a strong culture
that Ric has built up over more than thirty years, leaving us very well placed
to continue to deliver for both shareholders and stakeholders."

 

Enquiries please contact:

 

Begbies Traynor Group
PLC
                          0161 837 1700

Ric Traynor - Executive Chairman

Mark Fry - CEO

Nick Taylor - CFO

 

Canaccord Genuity Limited
 
              020 7523 8350

(Nominated Adviser and Joint Broker)

Adam James / Harry Pardoe

 

Shore Capital
 
                          020 7408 4090

(Joint Broker)

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

 

MHP
 
                                          07770 753 544

Reg Hoare / Katie Hunt / Charles Hirst
 
                begbies@mhpgroup.com

 
 

Further information on Begbies Traynor Group can be accessed via the group's
website at ir.begbies-traynorgroup.com.

 

 

 

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