Aerospace entrepreneur and business lobbyist Dennis Mendoros has been appointed inaugural chairman of Regenerate Pennine Lancashire.
The new company was formed last November and evolved out of Elevate East Lancashire which has now been wound up. It has a budget of £20m a year and will deliver major developments on behalf of seven local authorities, and continue the Housing Market Renewal work initiated by Elevate. It has responsibility for delivering the No Limits LEGI scheme which supports new and existing businesses, and it has the remit to improve the image of Pennine Lancashire.
Mendoros is the founder, owner and managing director of Euravia Engineering and Supply, based in the area, which is involved in the design, refurbishment and testing of high-speed turbine aero-engines.
He said: "I am delighted to have been given the opportunity to help make a real difference to the lives of people across Pennine Lancashire. We face major challenges going forward but have already embarked upon the right path to tackling these issues through the close partnership working between all the councils and other agencies."
Mendoros was awarded an OBE for services to industry and has been commissioned a Deputy Lieutenant for Lancashire.
He added: "My role will be to help make sure that measures to improve housing and the local economy are implemented in a joined-up way, recognising the close links between job opportunities, prosperity and the housing market.
"There is a real drive and determination amongst all our partners to transform the area and provide real opportunities for local people."
Ribble Valley Borough Council Leader Councillor Michael Ranson, who chairs the company's governing body, said: "I am delighted that Dennis Mendoros has been appointed chairman of the Board of Regenerate Pennine Lancashire. He was appointed from a group of excellent candidates and I know that his extensive knowledge, experience and enthusiasm will help the company improve and enhance the economic regeneration of Pennine Lancashire, as well as deliver its present projects. I am looking forward to working closely with him."
Mendoros effectively replaces David Taylor, regeneration consultant and developer, who chaired Elevate for six years. Max Steinberg, chief executive of Elevate, continued in the same post at RPL.