A FIRM has appointed a new managing director as it prepares to enter a new phase of growth.
Wynyard Park Ltd, which runs a 700-acre business park off the A19, has appointed Paul Barber to lead the implementation of its ambitious masterplan for the site.
He will work alongside chief executive Chris Musgrave and chairman Trevor Cartner.
The masterplan involves the creation of a high-class mixed-use sustainable community – including a new hospital, a facility designed to attract the world’s leading medical sciences companies, homes, shops and leisure facilities.
Mr Barber, who has held previous positions with English Partnerships and Yorkshire Forward, is currently managing director of Strategic Sites, a thriving commercial property development company and wholly owned subsidiary of Wynyard Park Ltd.
He said: “I am delighted to be taking up this new post at such an exciting time. Wynyard Park is currently more than 85 per cent let – a tremendous achievement given the economic climate that we are operating in – but the Masterplan gives us an opportunity to move on to a whole new level and create a flagship development, not only for this region but the whole of the UK.”
Mr Musgrave said: “We have come a long way since we started out in 2005. Since then, we have brought more than £250m of private investment into Wynyard Park and attracted around 60 companies employing in excess of 1,500 people.
“We are now entering a new and exciting phase of growth and I believe that Paul is the ideal person to take us forward, given his extensive experience at a senior level in both the public and private sectors.”