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Chairman of Sheffield’s JF Finnegan steps down

The chairman of JF Finnegan, Philip Hollister, has announced his retirement after 50 years of service at the Sheffield-based contractor and developer.

The announcement comes shortly after JF Finnegan revealed its successful financial results which saw turnover boosted by 35% to £34.2M at the year ending September 2013.

Major projects such as the completion of a sleeper factory in Doncaster for Network Rail, new stores for Costco and a 151,716 sq ft letting to Royal Mail at Magna 34 in Rotherham all contributed to the firm’s successful year and they have recently sold Elizabeth House office scheme in Leeds.

Reflecting on his time with the firm, Mr Hollister said; “Having spent my entire working life at JF Finnegan, it hasn’t been an easy decision to step down but I am confident that the team is ready to enter a new phase under Gary’s capable leadership.

“I’m incredibly proud of everything that JF Finnegan has achieved and whilst my time as Chairman coincided with one of the most challenging economic climates on record, our recent results demonstrate how well we have weathered the storm.

“Whilst JF Finnegan works all over the country, the heart of the company is in Sheffield and as recovery within the property market is being readily acknowledged, South Yorkshire is uniquely placed to capitalise on this.

“There is a real drive among those working in the sector to ensure its success and the region benefits from key factors such as excellent connectivity, great resources with its power supply, lots of land opportunities, the Advanced Manufacturing Park which is a coup for the region and a superbly skilled workforce.

“I look forward to watching the company flourish as it continues to serve the industry, true to its core values.”

This was posted in Bdaily's Members' News section by Clare Burnett .