One of the UK’s largest independent estate agency groups has appointed a new CEO from its regional management ranks after the incumbent Rob Farnham announced he is to step down and become the company’s co-chairman.
Along with business partner and friend Paul Lea, Farnham founded estate agency Bradshaw, Farnham and Lea in 2003 which went on to acquire the Venmore business during the last downturn in 2008.
Farnham is being replaced at the top of the business by Mark Russell (pictured, above), who until now has been a regional manger in charge of its Venmore Estate Agency brand in Liverpool.
His appointment is a testament to its ethos of investing in employee development and promoting from within, the company says.
Russell joined the estate agency from Sequence in 2014 initially as a valuer, then branch manager and most recently regional manager, helping make his operation one of the most successful in the business.
“The Venmore brand has been a mainstay across Merseyside for 171 years,” he says.
“As an independent our business is ideally placed for continued organic growth within dynamic sectors across our estate agency, auction, commercial businesses and financial services.”
In a joint statement, Farnham and Lea say: “It’s a big role and one that Mark has already demonstrated that he’s fully qualified and capable of doing with passion, energy and with an attention to detail in customer service by growing Venmore.”
Russell will now have six operations to look after including Venmore; Bradshaw Farnham & Lea; Ball & Percival; auctions, commercial and financial services.