Shock as Leaders Romans boss departs after less than two years in the job

The CEO of the Leaders Romans Group is leaving, officially by the end of this year but with reports suggesting that he may have already gone.

Adrian Gill had been in the job under two years, joining in April 2017.

No reasons have been given for his departure and Gill himself has not commented.

Gill, a chartered accountant by profession, had previously been CEO of estate agency at LSL, the parent company of brands including Your Move, Reeds Rains and Marsh & Parsons.

After his resignation in April 2016, LSL insisted that he work out his full notice, until the following January.

He then took a period of leave before joining Leaders Romans, meaning that all told it was a full 12 months between his resignation in order to join Leaders Romans and his actual start.

His CV also includes almost eight years previously at Connells, where he had senior finance and commercial roles.

At Leaders Romans Group, he is now succeeded by Peter Kavanagh, who has been group managing director since 2016.

Kavanagh had previously been managing director of Romans which he joined in 1991 to establish the company’s professional services division.

Leaders Romans Group chairman Richard Connell said: “Peter Kavanagh has an unsurpassed knowledge of our business and the property services industry as a whole and we are delighted to make this appointment to support the next stage of the company’s growth.

“I would also like to thank Adrian Gill for his leadership and overseeing significant product innovation. We wish him well in the future.”

Kavanagh said: “I am delighted and honoured to have been invited to take on this new role.

“I look forward to further growing our lettings, sales and professional services operations across our 160 branches, continuing acquisitions to support our expanding national network, and developing our range of services for the benefit of both existing and new clients.”

Leaders and Romans became a group entity after backer Bowmark Capital executed the merger. The equity firm had first backed Leaders’ management buy-out to the tune of £48m in 2010, and then Romans’ £50m management buyout three years later.

There is no information as to Gill’s next role.

Adrian Gill to join Romans and Leaders as group managing director – but when?

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8 Comments

  1. 40yearvetran08

    The Jose mourinho of property perhaps.

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    1. Centurion53

      At least Jose has won trophies…..hard to see any silverware in Gill’s history.

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  2. Mrlondon52

    Lots of senior departures from LR as the new generation comes through. Maybe that’s needed. Since merger has had too many senior big dogs. I imagine that a PE backed company is great fun when the company is growing and not much fun in sales markets like this year’s, ie have earnout targets been hit? Bowmark can’t exit in this market.

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    1. P-Daddy

      Oh to be a fly on the wall, point well made. As his background is an accountant and hearing the standard growth and expansion comments to keep their investors happy, I wonder if Adrian Gill was flagging up concerns over falling revenues and profits. That is not what PE ever wants to hear as it means their exit is delayed and even thwarted…..Let’s see what happens with the new man…at least he has been around the business for a while. The have assets and cash, lets see if they can preserve them or build on them rather than have an ego led crash into a hard brick wall! Talking of which…how are things going Countrywide…

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  3. Fairfax87

    Too much like hard work.. not Mr Gill’s forte!

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  4. youdroppedyourrock

    People follow courage not title. I would imagine there are not too many tears been shed in that business at todays news.

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  5. DarrelKwong43

    I hope he paid his early surrender fee, which is £500 inclusive of VAT

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  6. Centurion53

    What happens when you introduce all your old cronies as “suppliers” and you enjoy the holidays, dinners and hospitality events off the back of it? Eventually you get found out. Surprised it took so long though, he didn’t do it with any level of subtlety. Well rid of the waste of space.

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