Bolton-based TVD Group has announced a new senior leadership structure as part of its ambitious growth plans.
One of the leading UK providers in audio visual solutions, the TVD Group, which celebrated its 25-year anniversary last year, achieved a record-breaking turnover of £18.7million in 2021/22 having emerged from the pandemic in a position of strength.
TVD Group is looking to exceed expectations once again in 2022/23, with Q1 already surpassing budget expectations and the Group focused on sustainable, organic, long-term growth.
As well as the internal restructure, TVD is investing significantly in the business, with an expansion to its Bolton HQ including a new state-of-the-art showroom showcasing the latest technology available to the industry.
As part of the new structure, company co-founder, Matthew Brown will be taking up the role of CEO and will continue to lead major corporate decisions and oversee the business.
Lucia Maguire has been appointed Managing Director, having worked for the business as Head of Strategy for almost 3 years. Lucia, who was previously an Executive Director for a leading UK tour and hotel operator, has taken on responsibilities in many areas of the business during her tenure, and in her new role will work to oversee business performance, daily operations and help to formulate and facilitate the achievement of TVD’s ambitious strategic aims.
Mat and Lucia continue to be supported by directors Daniel Brown and Christopher Whitlock as well as the established senior management team. Going forward they intend to develop initiatives that provide greater employee involvement and engagement in the business.
Lucia commented: “We are striving towards another record year of revenue, which is by no means an easy task in the current financial and geopolitical context, so a continued team effort and business resilience will be vital in creating TVD’s success.”
Within the first quarter of 2022, TVD Group has recruited 6 team members to the business including the appointment of Matthew Holloway as Finance Director, a new role within the company. As the newest member of the senior executive team, Matthew is responsible for overseeing the group’s financial activities and financial planning as well as identifying and implementing financial process and system improvements.
The company continues to invest in resource throughout various areas of the business, in line with business needs and succession strategy. This includes the redevelopment and expansion of the company head offices in Bolton, with work due to start in June.
Founded in 1996 by Jim Brown and his sons Mat and Dan, the TVD Group is now a leading UK provider of audio-visual solutions on both commercial and domestic fronts. Operating across 6 divisions the family run business is looking towards a record year of growth with B2B product sales and commercial installations continuing to perform strongly for the Group. The group’s portfolio of organic grown divisions includes TVC who provide and install technology solutions in commercial environments including Hospitality, Betting & Gaming, Retail and Healthcare, TVD B2B a leading business-to-business supplier of electronic goods and Mitchell & Brown, their own British TV brand.