Grosvenor management reshuffle
Yeo reiterated his commitment to Grosvenor, saying he is "still the largest shareholder," but the demands of the company, which had grown considerably over the past decade, required him to take a wider view of the business and he said he had taken his hands off the day-to-day operations for about two years.
"Part of building something and watching it grow, is knowing when it's time to the child go," Yeo told Good Returns. "There's a fantastic team of people throughout the entire organisation, and we do need to develop a broad base of leaders."
David Beattie and Allan Wilson have been running the ship in New Zealand, with Beattie concentrating on customer relationships and Wilson looking after the operational side of the business.
One of the company's big strengths is its retention of staff and senior management, many of whom have been with Grosvenor for the better part of 10 years, and this leaves Yeo with "comfortable and confident" with how it is running.
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