BexleyCo's first MD is former council chief who received £365,000 severance package while in Kent
PUBLISHED: 10:40 29 June 2017
Adam Wilkinson starts his role as interim managing director on July 3
The man set to guide a council-funded development company in its infancy has been revealed today (Thursday).
Adam Wilkinson, who in 2010 received a £365,000 payment when he Kent County Council after 12 months as its director of environment and regeneration according to the Daily Mail, was revealed as the interim managing director of BexleyCo, a company which the council hopes will boost development around the borough whilst bringing in much needed funding.
Mr Wilkinson, who has worked in the public sector for nearly 34 years is set to take the leading role in establishing the company, having recently finished a £112,000 nine-month contract with super-council North East Combined Authority.
His salary while leading BexleyCo to success has not been revealed.
“Bexley has significant ambitions for growth and regeneration and setting up a company like BexleyCo to help deliver these ambitions is an excellent demonstration of the Council’s determination to succeed,” said Mr Wilkinson.
“I feel honoured to have been offered the opportunity to fulfil the role as BexleyCo’s first managing director and I look forward to starting on July 3.”
Mr Wilkinson is expected to hold the role for up to 18-months, working either three or four days a week.
Leader of the council, Teresa O’Neill, said: “We are delighted that Adam has agreed to lead the establishment of BexleyCo and we are confident that he will build on his impressive track record by delivering great results for Bexley’s residents and businesses.”
In April, Tory cabinet members, with the backing of Labour and Ukip councillors, approved the development of BexleyCo, which is hoped to be off-the ground next year, as the council looks to boost private investment across the borough in the coming years, while also plugging a funding gap left when government grants drop to zero in 2020.
By 2023, the council hopes the company could turnover £1million in profit.