Stephen Shipperley
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Latest property news
EXCLUSIVE: Connells’ chairman reveals all as retirement looms
Connells' Chairman Stephen Shipperley, one of the industry’s most experienced and successful estate agency seniors, speaks to The Neg.
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Latest property news
That’s loyalty! Connells Chairman celebrates 40 years with the company
A study of business leaders around the world recently found that the UK’s move on faster than in any other country apart from Brazil, Russian and India. The average tenure at the top is 4.8 years, down from 8.3 years seven years ago, the research by PwC revealed. No one has told the chairman of Connells Group, Stephen Shipperley (pictured, right), about this because this month he is celebrating his 40th anniversary with the company. “My own experience is testament to the emphasis that the company places on developing people within this business, giving those with potential the opportunities to advance and progress,” he says. “As a result, we have some of the best people in the industry and good people stay here. Most of our management, local, middle and senior, have been with the company 10, 20, 30 years.” Stephen joined the company as a Negotiator at its Aylesbury branch in 1977, twenty years before some of today’s younger trainees were born. He gave up the opportunity to go to university to join Connells direct from school and by 21 was a branch manager, helping the office become the most profitable in the company. By 1990, when he was…
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Connells eyes further expansion
The Connells Group is on course for what could be a record year in 2016 after seeing pre-tax profits increase sharply last year. The company, which this year celebrates its 80th anniversary and operates almost 550 branches nationwide, said all parts of the business “delivered a strong performance” last year. Connells posted pre-tax profits of £62.5 million for the year ended 31 December 2015, up 19 per cent year-on-year and an increase of 72 per cent over the last three years. But it is currently not known what the revenue figures for the year was as the Group did not disclose the data. David Livesey (left), Chief Executive at Connells, described 2015 as “another stunning year” for the Group, with all parts of the business delivering “a strong performance”. He commented, “The housing market has not been without its challenges, characterised by lack of stock, so to end the year with strong profits and having sold more properties than 2014 and 2013 is a tremendous achievement. “We remain at the forefront of our profession and to maintain this position we made further significant investments into the business in 2015.” Last year, the company ploughed £25 million into branch refurbishments, acquisitions,…
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