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Paul Lester

Non-Executive Chairman

London, UK

Paul Lester
Dominic Lester
Jefferies
Ivan Levy
EEA Helicopter Operations B.V.

Paul Lester’s Biography

Paul Lester CBE is Non-Executive Chairman of Essentra plc and McCarthy & Stone plc, both listed on the London Stock Exchange in the FTSE 250.

A highly experienced Chairman, leading industrialist and strategist, Paul has managed groups of companies at PLC level and divisions of large multi-national companies. Paul is Chairman of Readypower, a rail engineering service company, Signia, a private investment business, Marley Limited, a roofing manufacturing company, Firstport, a property management services company and Appello, a technology company. He has served on numerous Boards in a Non-Executive capacity for more than 30 years and his experience is widely sought in many sectors, including engineering, property and investment. Paul has held board positions of FTSE100, 250 and AIM-quoted businesses as well as not for profit organisations.

Paul is a mechanical engineering graduate of NTU, an Honorary Doctor of Law from Portsmouth University and a Fellow at the Institute of Mechanical Engineers. Previously, Paul was President of the Society of Maritime Industries, the British Services Association and the Engineering Employers Federation (now Make UK). Among other things, he is a lifetime supporter of West Bromwich Albion.

In 2007, Paul Lester was awarded a CBE for services to Engineering.

Paul Lester’s Background

VT Group
Chief Executive
2002 - 2010
London, UK
VT Group (formerly Vosper Thornycroft) plc had annual sales of £1.6 bn, with profits of £120m and 16,000 employees. VT provided support services to the Governments of the UK, US & Middle East. It is best known for the shipbuilding activity which was divested to BAE Systems for £380m. Paul was also Non-Executive Director of Vosper Thornycroft plc (before it became VT Group) from 1998 - 2002.
Balfour Beatty plc
Group Managing Director
1997 - 2002
London, UK
Balfour Beatty is a leading international engineering & construction group with sales of over £10bn. Paul was responsible for the UK building, civil engineering, M & E, Facilities Management and the USA controls business. During the five year period Paul managed, Company profits for the Group increased from £15m to £112m. The market value of the company increased from £200m to £1bn.
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Current Board Positions

Marley Limited
Non-Executive Chairman
Feb 2020 - Present
Burton upon Trent, UK
Founded in 1934, Marley Limited is a leading roofing manufacturing company and provides market-leading and innovative products. The roofing specialist is the only UK manufacturer to offer all components of a roofing structure.
Readypower
Non-Executive Chairman
2019 - Present
Winnersh, UK
Readypower is a specialist railroad manufacturer that provides services and rail fleet solutions for all rail constructions in the UK.
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Previous Board Positions

Algeco
Non-Executive Chairman
2017 - 2019
London, UK
Algeco, owned by TDR, is the largest provider of modular accommodation world wide aiming for an IPO at the end of 2019 with a market value in the order of £3.5 bn.
Forterra plc
Non-Executive Chairman
Apr 2016 - May 2019
London, UK
Forterra plc are organised to focus on core, complementary growth markets as a leading producer of manufactured masonry products, for the UK market. A successful IPO of the ‘old’ Hanson Brick company. The second largest brick company in the UK trading in the FTSE 350.
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Awards & Endorsements

New Year Honours
Commander of the Order of the British Empire (CBE)
2007
London, UK
Paul was appointed Commander of the Order of the British Empire (CBE) for his services to Engineering.

Paul Lester’s Education

University of Portsmouth
Honorary Doctor of Laws
2008 - 2008
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