Chief executive Phil Kemp will depart the science-focused developer at the end of September, bringing an end to a two-year stint at the helm.
Kemp, who will pursue a portfolio career, will remain with the business in an advisory capacity for a further six months to support the existing leadership team and the hunt for a new chief executive.
Ahead of that appointment, Kate Lawlor, currently Bruntwood SciTech’s finance director, will take on the role of interim chief operating officer, supported by Chris Oglesby as Bruntwood SciTech’s executive chair.
Bruntwood SciTech is a 50-50 joint venture between Bruntwood and Legal & General, focused on developing innovation districts and science and technology assets across the UK.
Oglesby said: “Phil’s departure is a bittersweet moment for us. He has played such a significant role in the formation and success of Bruntwood SciTech over the last two years, but we are thrilled to be supporting the next phase of his journey as he establishes a portfolio career with a focus on working with social enterprises and business mentoring.
“He leaves Bruntwood SciTech in a fantastic position. It remains the UK’s only dedicated science and technology property platform, nurturing a network of thriving innovation districts with a growing reach across the country. We’re ready to push on with the next phase of its ambitious plans and look forward to welcoming a new chief executive in the months ahead.”
Well regarded in the market, Kemp was very much a driving force for a business which, as Oglesby said, is something of a pioneer. Prior to taking the role, he had been with Regus as managing director of formats, and before that held various senior roles at Nokia
Kemp said: “Though it was always my intention to open a new chapter of my working life in 2021, the pandemic created a moment of reflection for me as it has for so many others. I’m grateful to have the support of the leadership at Bruntwood and Legal & General to bring my plans forward.”
Recent milestones for the business include development at No3 Circle Square, securing planning permission for Citylabs 4.0, the redevelopment of Base at Manchester Science Park, the completion of Glasshouse at Alderley Park and announcing the development of Enterprise Wharf at Innovation Birmingham. A 25% stake has been taken in Sciontec Liverpool.
Kemp concluded: “The last few months in particular have been a personal highlight in my career as we developed the Lighthouse Lab Covid-testing facility at Alderley Park in just a matter of weeks. It underlined the huge importance of the UK’s science and technology sectors at the most critical of moments.”