Nicky Parsons has been named as the new CEO at growing planning and development consultancy Pegasus Group.

Nicky, who has been with the business for more than 10 years, was voted into the top job by the company’s 22 strong Board.

She replaces Jim Tarzey, one of the founding members of Pegasus Group, who is stepping down to concentrate on professional work.

Nicky will relinquish her current post as Deputy CEO and be replaced by Manchester-based Sebastian Tibenham.

Nicky, Pegasus Group’s first female CEO, said she was thrilled to be taking on the role at an exciting time for the company.

She said: “It is a huge privilege to take up this new position as the company works towards its significant growth plans for 2023 and over the next five years. The economic climate is undoubtedly challenging, but we have the plans and team in place to deliver on those ambitious goals.

“We want to be the company of choice for both our employees and our clients.  That starts with making sure our people are enthused and empowered and that is my number one priority, alongside improving diversity and inclusion.”

Nicky added: “I am grateful for the guidance and advice that Jim has offered ahead of taking on this new role and thank him for all of his hard work over the last 18 months.”

Nicky, based at Pegasus Group’s Cambridge office, has spent her entire 28-year career in planning having graduated from the University of Westminster.

Jim said he was proud of his achievements since helping to launch Pegasus Group in 2003, including 18 months as CEO and three years as Chair.

Jim said: “I have had the honour of being CEO since July 2021, during which time we came out of Covid, launched a new business plan and embarked on a rebranding exercise, as well as making significant changes to the website.

“We have introduced a new way of running the company which is less autocratic and more led by the management team.

“I am confident that the business is in a very strong position to continue its growth in the years to come. Nicky is a natural leader and popular with the staff. She is well placed to keep the company moving forward and gets my full support. The time is right for me to stand down.”

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