MIKE RANDALL RETIRES

Mike Randall

Mike Randall Retires

After a 13 year stint at the tiller, Mike Randall is retiring from Lock on 8th September 2011. Mike has been an integral part of the latest successful chapter of Lock’s long history, and his experience and understanding of the product inspection business have proved invaluable as we plotted our course towards growth and development.

Mike joined the business in December 1998, leading the acquisition of the business from the Transtec Group. He then acted as Group Executive Chairman for the next 9 years overseeing the introduction of new product ranges, and the expansion of the business in existing and new markets, including setting up direct operations in France and the Netherlands. His final task as Executive Chairman was to guide the business through a secondary buy out in 2007, bringing together a team of managers to work with himself and the Group Finance Director, Dave Garnett, to achieve the exit of Lock’s venture capital partner, Permira Ventures, and setting up the business for its next phase of development. That achieved, Mike handed over day-to-day control of the ship to Dave Garnett, who became Group CEO, whilst he took up the role of Non-Executive Chairman. Over the ensuing 4 years, Mike has been a source of quality advice to the executive management team, and despite not being involved on a day-to-day basis he has still contributed in a huge way to the ongoing development of the business.

Mike has always been a hands-on style of manager and has thrived on developing strong relationships with the key players in the business’ development. Customers, Agents and Distributors, Suppliers and of course the Staff at Lock were all seen as being key members of the team, and Mike made it his business to work closely with all these groups, quickly earning their confidence and respect. Everyone he has met in the course of his Lock career will attest to the strength and value of these relationships, and will appreciate what this has given to the business.

The hands-on approach remains his signature, and the sight of Mike utilising his engineering knowhow to assemble / dismantle / adjust an exhibition stand is a familiar image to all our sales teams around the globe. The exhibition environment is one in which Mike has been very comfortable over the years, and the extent of his influence on others at shows is still marked by the number of visitors to the Lock stand asking after him. There will be other demands on his time from now on, but should he be passing some far-flung exhibition centre – he will always be welcome on the Lock stand!

Mike will retain a shareholding in the Lock Group, and his interest in events will be maintained, albeit probably at a diminishing level, as he turns his mind to the affairs of the Yacht Club and to his grandchildren. Everyone at Lock wishes Mike and Liz a long, happy and healthy retirement.