Phil Kemp is to step down as CEO of Bruntwood SciTech after two years at the helm.
Kemp will depart at the end of September “to pursue a portfolio career” but will remain in an advisory capacity for a further six months.
Bruntwood SciTech finance director Kate Lawlor will serve as interim chief operating officer, supported by executive chair Chris Oglesby, during the search for a new CEO.
A 50-50 joint venture between Bruntwood and Legal & General, Bruntwood SciTech is focused on developing innovation districts and science and technology assets across the UK.
“Phil’s departure is a bittersweet moment for us. He has played such a significant role in the formation and success of Bruntwood SciTech over the last two years, but we are thrilled to be supporting the next phase of his journey as he establishes a portfolio career with a focus on working with social enterprises and business mentoring,” said Oglesby.
“He leaves Bruntwood SciTech in a fantastic position. It remains the UK’s only dedicated science and technology property platform, nurturing a network of thriving innovation districts with a growing reach across the country.
“We’re ready to push on with the next phase of its ambitious plans and look forward to welcoming a new chief executive in the months ahead.”
Recent milestones for the business include development at No.3 Circle Square, securing planning permission for Citylabs 4.0, the redevelopment of Base at Manchester Science Park, the completion of Glasshouse at Alderley Park and announcing the development of Enterprise Wharf at Innovation Birmingham.
Kemp said: “The last few months in particular have been a personal highlight in my career as we developed the Lighthouse Lab Covid-testing facility at Alderley Park in just a matter of weeks.
“It underlined the huge importance of the UK’s science and technology sectors at the most critical of moments.
“Though it was always my intention to open a new chapter of my working life in 2021, the pandemic created a moment of reflection for me as it has for so many others.
“I’m grateful to have the support of the leadership at Bruntwood and Legal & General to bring my plans forward.”