The founder and long-time CEO of Huddersfield-based Propack Direct Mail, a direct marketing company, is retiring from the business. In his place, Jason Clough will be taking on the company as part of a Management Buyout (MBO), with the full support and approval of Neil Lloyd.
Lloyd founded Propack Direct Mail over 28 years ago, building the company from the ground up to become a leading player in the direct marketing industry. Under his leadership, Propack has grown to serve a wide range of clients, including: Tui, Travis Perkins, Mercedes-Benz, providing a range of services from creative design to printing, mailing and fulfilment.
“It has been an incredible journey, building this business from scratch and watching it grow over the years,” said Lloyd. “I am incredibly proud of what we have achieved, and I am excited to see what the future holds for Propack under Jason’s ownership.”
Clough has been with Propack since 2006, working his way up through the ranks to become Managing Director. He has been instrumental in driving the company’s growth and success in recent years, and Lloyd has full confidence in his ability to lead the business into the future.
“I am honoured and humbled to be taking on this role, and I am committed to continuing the success that Neil has built at Propack,” said Clough. “We have a fantastic team in place, and we are committed to helping our clients communicate effectively and increase their revenue.”
The Management Buyout will see Clough taking full control of Propack Direct Mail, with Lloyd stepping down from his position as CEO. The deal has been in the works for several months, and has been approved by all relevant parties.
“We are confident that Jason has the vision, drive and expertise to lead Propack to even greater success in the future,” said Lloyd. “I wish him and the whole team all the best for the future.”