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Halstead hands over the baton
70 – Is the number of years Geoffrey Halstead has grafted for family-run commercial flooring company James Halstead (JHD:AIM), including 55 years as a group director and the last 17 years as chairman.
At the annual general meeting (1 Dec), Mr. Halstead stood down as chairman, handing over the baton to Anthony Wild.
Geoffrey Halstead has been handed the honorary title of president. Under his leadership, Manchester-headquartered James Halstead, now run by dynasty member and CEO Mark, morphed from a largely textile-based business to a global supplier of mainly UK manufactured product that has consistently delivered market leading returns and forged a formidable dividend growth record.