Developer appoints new managing director

Clowes Developments has announced the appointment of a new managing director.

Thomas Clowes has taken up the role at the Derbyshire-based firm, which is one of the UK’s largest privately-owned property groups.

In recent years, the business has seen sustained growth. The group reported a record turnover and profit for the last financial year with similar headlines expected for this years’ financial statement.

David Clowes, chairman of Clowes Developments, said: “The board of directors voted to appoint Thomas Clowes as managing director.

“Supported by myself as chairman, and our experienced board members, Tom will lead the team at Clowes as we continue to evolve and strengthen our privately-owned property business.”

Despite being a part of the Clowes family, Thomas formally joined the business in 2016 following a period of time dedicated to gaining industry experience elsewhere.

Being placed within the firm’s land and planning team, he was promoted to the board of directors in 2021 and now takes the appointment of managing director.

He said: “This has never been a ‘sure thing’ for me. I started at graduate level and have worked my way through the business, aiming to understand every facet.

“Nepotism isn’t a word in the Clowes family dictionary. David would agree with me that dad often aimed for the opposite of that – something I wasn’t thankful for at the time, but I know has paid dividends for me now.

“I am honoured to be able to carry on his legacy and put my mark on the group.”