Steve Elliott standing down next week ahead of leaving firm next month
BW chief executive Steve Elliott is stepping down next week ahead of leaving the company next month.
Elliott, who is 66, is understood to have made his decision several months ago and is expected to go travelling.
He is being replaced from Monday as chief executive by Anthony Brown, currently chief marketing officer, and will formally leave the £350m business at the end of August.
The pair both arrived at BW in 2014 from Overbury after BW founders Craig Foster and Mark Richards called them to ask if they would be interested in joining.
Elliott and Brown, along with two other company directors, completed a management buyout three years later which gave them a 60% shareholding. Last year, BW completed a move to an Employee Ownership Trust.
In its last set of results, BW, which moved to new offices in the City earlier this year, said revenue went up 34% to £327m in 2025 with pre-tax more than doubling from £6m to £14m. Turnover this year is expected to top £350m.
Elliott said: “Leading BW has been the highest honour of my career. I’m leaving the business in excellent shape and in excellent hands. Anthony has been at the heart of BW for years and understands exactly what makes this company what it is.”
Brown added: “My job is to build on what Steve and the leadership team have created and I couldn’t be taking it on from a stronger position.”
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