Leading glass packaging company, Croxsons, has made changes to its leadership structure as part of their succession plans. Tim Croxson, currently the company’s COO, has taken up the position of CEO with immediate effect, in place of his father, James Croxson, who steps aside to concentrate more on developing Croxsons’ international concerns. The change of ownership, due to be formalized later in the year, comes after a period of extraordinary growth for the family firm, who celebrate their remarkable 150th anniversary next year.
In taking the business forward and increasing its market share, both James and Tim, who represent 4th and 5th generations of the Croxsons family respectively, have enjoyed a fruitful partnership together over the past 20 years.
Global sales, has enabled Croxsons to extend its reach and strengthened its brand – a development that was rewarded with a Queen’s Award in 2019 for exceptional progress being made in international growth and exports. Regularly featuring in the Sunday Times Fast Track 200, Croxson has offices in the UK, Australia, New Zealand. USA and Hong Kong.
“Having been in the business for over 50 years, I have seen both the packaging industry and my own company change extensively in that time,” said James Croxson, who turned 70 earlier this year. “The company has grown from being wine barrel suppliers and bottle washers in 1872 to now a Global packaging supplier, providing over 50 different countries with millions of bottles, jars, caps and corks. As we approach 150 years of being a family owned business, we are proud of our company, its heritage, its 5 generations, its great team and all its achievements.
“As is the norm in a fast growing SME, I have done every role and have built a great team over the past 50 years, who have been a joy to direct and lead. My main focuses going forward are international sales, continuing to build our international sales teams and giving the next generation some inevitable pearls of wisdom. And like Tim, I look forward to the next chapter in Croxsons’ illustrious history.”
Tim Croxson added: “Moving into the CEO seat at Croxsons is really a natural progression for both James and I. Our combined strengths and the team we have built around us, have helped put the company into an incredibly strong position. Alongside the board, we’ve both worked hard to future-proof our offering and be clear on our purpose, thereby ensuring we continue to be relevant for the next 150 years. I look forward immensely to continuing that self-belief, creating value for our customers, and maintaining our uniqueness.”