Highland Spring Group have announced today that Les Montgomery has decided to retire from his full-time role as chief executive.
He will become a non-executive director of the company from the end of this year.
Chief commercial officer, Simon Oldham and chief operating officer, Mark Steven will step up to be joint managing directors of the business with immediate effect.
Les joined Highland Spring Group in 1985, where he was previously finance director and was appointed to the chief executive role in 2007.
During his tenure with the company, he spearheaded the acquisitions of Speyside Glenlivet and the water division of Greencore Group plc, and “achieved his ambition to double the size of the business, including turnover, from £50m to £100m” which was met a few years ago.
Les Montgomery said; “Highland Spring Group recently celebrated its 40th year anniversary and I am very proud of how far the business has come in that time.
“It has been a privilege to lead the company for the last 14 years and I would like to thank all the employees, past and present, of Highland Spring Group for their commitment and support. I am very proud of everything we have achieved together. I look forward to continuing to make a positive contribution to the business as a non-executive director.”
Oldham and Steven added: “On behalf of Highland Spring Group, we would like to thank Les for his dedication and the huge contribution he has made to the business over the last 36 years.”