Audley appoints two new Group Board Directors as it prepares for growth

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Audley Retirement, the luxury retirement village operator, today announces the appointment of two of its senior management team to the Group Board.

 

Audley Group Limited owns all of Audley Court Limited’s operations, including the retirement villages and Audley Care.

 

Kevin Shaw, formerly Development Director, becomes Managing Director – Development and Paul Morgan, formerly Operations Director, becomes Managing Director – Operations. Kevin and Paul join Nick Sanderson, CEO, and Jon Austen, CFO, on the Audley Group Board.

 

Katherine Rose, formerly Marketing and Communications Director, has been appointed Group Marketing Director, responsible for marketing across both Audley and its new mid-market proposition, Mayfield.

 

Audley currently owns 13 villages and manages two more providing over 1,000 properties and intends to double this number over the next five years by completing its current villages and acquiring new sites, including locations for Mayfield, the first of which is close to being secured.  Following recent funding , the business now has a war chest of over £600m to invest over the next five years, from a combination of equity, development income and investment debt.

 

Nick Sanderson, CEO of Audley, said: “As we grow, ensuring we have the right people to define and then deliver a vision for the future of the business is essential.

 

“Kevin, Paul and Katherine are key members of the team and have played vital roles in Audley’s growth. These appointments are recognition of their hard work at the very heart of what we do as a business; develop, operate and market luxury retirement villages.

 

“I look forward to working with them all to make the next part of Audley’s  journey a success.”

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