Premier Forest Products has promoted Neil Davies from Chief Financial Officer (CFO) to Chief Financial and Operating Officer (CFOO) as the business continues its period of significant growth.
The appointment follows a series of acquisitions by Premier Forest at the end of 2025, including timber engineering specialist National Timber Systems and multiple former Arnold Laver sites from National Timber Group England.
Following its recent acquisitions, the Newport-based business is expected to achieve revenues of £125 million for the year ending April 2026, with annualised turnover expected to reach £200 million next year.
Since joining the business in 2022, Neil has played a central role in shaping financial strategy and supporting growth, earning recognition for his strong leadership, commercial insight, and focus on operational excellence.
In his expanded role, he will oversee both financial strategy and day-to-day operations, ensuring closer alignment between the company's financial planning and operational delivery.
His responsibilities will include continued integration and streamlining of processes and systems across the organisation, supporting the execution of strategic initiatives, and enhancing overall business performance. Staff numbers at Premier Forest have almost doubled to 800 personnel in the past year.
Neil said:
“I'm delighted to take on this new role at such a key time for Premier Forest. Premier Forest has evolved significantly during my time with the business, and I'm excited to help further strengthen the connection between our financial strategy and operational performance as we continue to grow. The next 12 months will be an important period for the business as we continue integrating our recent acquisitions, strengthening operations across the group, and building on the strong platform we have created for future growth.”
Terry Edgell, Co-founder and CEO, added:
“This is a significant and well-deserved promotion. Neil has made an outstanding contribution since joining the business, and this new role reflects both his impact and our confidence in his ability to lead across finance and operations. Bringing these functions together strengthens how we plan, execute, and scale as a business. Neil has effectively been operating across both areas since joining the company, but this appointment formally recognises that wider leadership role and gives him the mandate to drive operational activities alongside finance. As the business has grown, it has become increasingly important to strengthen the leadership structure across the group. As we enter our 34th year of trading, we remain focused on sustained growth and continued investment across the company.”
