Micheldever CEO Runner-up for Director of the Year
Micheldever Group Ltd CEO, Paul Fox, was pipped to the post for the Institute of Director’s (IoD) Director of the Year Award in the £25 million+ turnover category. Jonathan Neame of Shepherd Neame brewery won the award, with Steve Barber of technology company Xyratex also nominated. The results were announced at a Dinner and Awards ceremony held on 8 November in the Nash Room of the Institute of Directors, 116 Pall Mall, London.
Paul Fox joined Micheldever in February 2006 (as result of the Graphite Capital-backed management buyout) along with finance director Richard Sawney. In December 2006 Graphite Capital backed the first acquisition by Micheldever Tyre Services since the company was bought in February 2006. In this move Micheldever acquired two large retail sites, Cambridge and Stortford Performance Tyres, from the Company’s private owners, who retired upon completion. According to an official statement, this purchase demonstrated Micheldever’s intention to pursue similar transactions in the future.