-
News
ANM announces changes to its board
Posted: April 16, 2025
ANM Group, the leading member-owned co-operative, has announced changes to its board following their AGM earlier this week.
Leading northeast businessman Dave Green is standing down as Deputy Vice Chair, retiring from the Board after ten years’ service. Alan Hutcheon, co-opted onto the ANM Board in 2018, and current President of the Institute of Auctioneers & Appraisers of Scotland, will step into the Deputy Vice Chair role.
ANM Group Chairman, Mike Macaulay said: “Dave has been an exceptional contributor over his tenure on the board of ANM, and a huge support to me in his role as Deputy Vice Chair, offering wise counsel throughout this time. On behalf of the Group I would like to thank him for his service over the years, which has helped build our current position of strength.
“There is no doubt his position is being left in safe hands with Alan Hutcheon who has dedicated a lifetime of service to ANM, and with his hands-on insight and broad industry knowledge is an asset to the Board. I look forward to working with Alan in a closer capacity in the future.”
Alan Hutcheon, speaking on his appointment said: “I am honoured to step up to the position of Deputy Vice Chairman, and look forward to embracing the additional responsibility and challenges this role will bring.
“ANM has been part of my professional life for so many years and I’m delighted that my continued involvement will allow me to give my best to support the Group in a new capacity.”
The move comes as the Thainstone based business published its Annual Report for the year to 31st December 2024, posting a trading profit of £1,511,000, a direct result of the Group’s acquisition of the Glasgow based auction business Sweeny Kincaid and the positive impact of their trading within the Group. ANM has also reported an increase of 12.5% in turnover from last year’s £10.2m to £11.5m this year.
The co-operative’s continued success has enabled payment of substantial benefits to members, including £836,000 in commission savings and an increased 3.5% dividend of £229,000. The Annual Report also confirms an additional 84 trading members joined the co-operative during the year.
ANM Group Chief Executive, Grant Rogerson welcomed the results, saying:
“These results show that our strategic focus is fundamental to delivering success for members. Our relentless drive to provide an efficient and valuable service to members has resulted in unprecedented values in the live ring and significant benefits delivered for members.
To generate a trading surplus against such a challenging climate for our sector is a ringing endorsement of our co-operative values. We welcome these results, and I’d like to put on record my thanks to our members whose continued investment and support reflects their ongoing confidence in our Group.”
The full annual report can be viewed on the members news section of the ANM Group website.
