Sometimes, changes to a company’s leadership team can be a cause for concern – especially if several top roles are switched at the same time.
Tip style
Income
Risk rating
Low
Timescale
Medium Term
Bull points
- Family-run company with a long history
- Exports are bolstering sales
- Generous and reliable dividend payer
Bear points
- Weak UK market is weighing on revenue
- Red Sea disruption has hit deliveries
But in the case of the new chair at flooring company James Halstead (JHD), it’s hard to think of a better continuity candidate than Mark Halstead. The great-grandson of the group’s eponymous founder, he has spent more than 30 years in the business – and the past 22 years as chief executive.