Tony Hackney to retire2 February 2024
BSW Group’s UK chairman, Tony Hackney, has announced his plans to retire at the end of March 2024, following a 30-year career in the timber sector.
Mr Hackney has been the figurehead of BSW for more than 15 years, having joined as chief executive officer in late 2008 and stepping into the role of UK chairman last year.
Under his leadership, BSW has undergone a period of unprecedented growth and acquisition, with turnover increasing from approximately £100m annually to over £900m.
Strategic acquisitions have included Maelor Forest Nurseries, Tilhill Forestry, Dick Brothers Harvesting, SCA UK (now BSW Timber Solutions), Bayram Timber and Scott Pallets, as well as a joint venture with Power Sheds.
The organic growth and acquisitions developed the BSW Group into a fully integrated, multifaceted, circular business with a complex offering of products and services.
A hugely respected figure across the entire timber supply chain, Mr Hackney’s efforts were also recognised formally in 2012, when he was named Ernst & Young Scotland Entrepreneur of the Year before appearing at the UK Entrepreneur of the Year final.
His vision and determination, combined with his strong leadership skills, propelled BSW into its position of market leader. He led the management buyout team, supported by Endless LLP, that ultimately resulted in the landmark sale to Binderholz in 2021.
“Leading BSW through challenging times has been a fantastic experience,” said Mr Hackney. “I would like to thank all of my colleagues and friends across the UK, Latvia and Slovenia for their extraordinary efforts in developing BSW during my period of stewardship. I have valued very highly the relationships with our loyal customers and suppliers and again thank them for their support. I wish you all every success in the future.
“I am very proud of the progress we have made, which has assisted in bringing the company to the strong position it is in now. It presents a good moment for me to choose to retire from BSW to pursue my own business interests and spend more time with my family.”