Sunday, 28 April 2024
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Chief Commercial Officer Stephen Loftus to depart Brompton

Stephen Loftus is set to leave the Brompton Bicycles Business having held the role of Chief Commercial Officer for the past eight years.

Will Butler-Adams, CEO, Brompton Bicycle said: “Brompton is a team effort, driven by the commitment and passion of our staff. Over the last eight years Stephen has brought ambition, leadership, and experience to transform Brompton from an engineering led manufacturer to an omni channel brand, as we have grown sales from £27m to over £100m today.

“Stephen will be missed but will remain close to Brompton as a shareholder and we wish him well with the next exciting steps in his career.”

Stephen Loftus, added: “I feel privileged to have worked for such an iconic brand as Brompton that has and will continue to have such a positive impact on people’s lives, especially in our cities around the world.

“I have learnt a huge amount as the business has transformed in scale, consumer focus and commercial capability and it has been a pleasure to be part of such a fun and inspiring Brompton team.

“I believe it is the right time for me to take on a fresh challenge and hand over the reins for the next stage of Brompton’s growth journey. I will remain a shareholder and a life-long advocate and rider.”

Earlier this year the company made its hired bike fleets available for only £1 during rail strikes, giving commuters the opportunity to try a new mode of transport for their commute.