A new management structure at Tennants of Leyburn has seen proprietor Rodney Tennant pass the day-to-day running of the business to a fourth generation.
Plans are also afoot to expand the firm's
premises, with building expected to begin at The Auction Centre
early next year.
In the year of his 65th birthday, Rodney has
assumed the role of chairman of the North Yorkshire firm that last
year posted record January to December sales of £12m. He told ATG:
"I find myself in the unique and fortunate position of passing on
the traditions and values that were established by my grandfather
to my three daughters, who this year have all been made directors
of the business."
Alison, 29, has worked at The Auction Centre
for five years (focused primarily on logistics and administration),
while Jane, 25, who previously worked for interiors firm Oka,
joined the firm at the beginning of this year and is already taking
the rostrum for general sales. Caroline, 31, is a London-based
accountant and will now contribute to financial planning.
In short, all will have a direct input into
running a family firm that, with turnover figures consistently
among the highest in the UK, has previously been linked with a
number of potential suitors.
Jeremy Pattison, who joined the firm as a
furniture specialist in 2004, has been appointed managing director
while, after more than 25 years with the firm, Audrey Fall has
become finance director.
Above: Tennants' base in Leyburn, North
Rodney told ATG he hoped the re-structuring
"will provide the opportunity for me to leave the day-to-day
running of the business to the next generation, allowing me the
time to get out on the road and in the air visiting clients to
advise on their collections, which is an aspect of the business I
have always loved".
In contrast to the early days of the firm in
the inter-War years - when Rodney's grandfather sold livestock and
agricultural machinery from the towns and villages of North
Yorkshire - many of the firm's clients are now based in the south
To this effect, a final addition to the
Tennants team is Marc Allum, who is joining as a valuer and
consultant in London and the South of England. A well-known
antiques writer and BBC Antiques Roadshow expert, the
Wiltshire-based specialist is also an experienced auctioneer and
general valuer after many years at Rosebery's.
Jane Tennant said the continued growth of
the firm into specialist areas had prompted them to bring forward
plans to create a new wing at The Auction Centre, the purpose-built
venue just outside Leyburn, that has often been described as a
model for the UK regional saleroom.
The architect's plans for a new building, to allow the venue to
be used again for lectures and entertainment purposes, have yet to
be finalised, but the firm are on schedule to start construction at
the beginning of 2013.
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