It’s not quite as massive as Kim Jong-il handing over the reins to his son as the head of Stalinist state North Korea, but this is still a big story.
Triumph has announced that Nick Bloor, the son of John Bloor, the plaster-turned-entrepreneur who resurrected the company in the early 1990s, will take over as CEO in January next year following the resignation of Dane Tue Mantoni.
Mantoni, who took over as CEO soon after the Triumph’s Hinckley factory was burnt down in 2002, is heading back to his homeland for personal reasons. He is overseen a massive period of expansion for Triumph, which now has 1400 employees across the globe and sells 50,000 bikes every year in 30 countries from Poland to Brazil.
More importantly, Mantoni has led Triumph down the triple and vertical twins path, as a major point of differentiation to the Japanese.
“I have thoroughly enjoyed working with the Triumph employees and dealers across the world for nearly eight years and I am proud of what we have delivered as a team,” said Mantoni. “The future range of new models is the strongest it has ever been and I am excited about joining the Board of Directors so I can be part of and continue to contribute to Triumph’s future success.”
Mantoni will remain in his current role until December, before Nick takes over in January.
Nick started with Triumph in 1998 as design engineer after graduating from Loughborough University. In addition to working in the design department, Nick has worked in manufacturing, production control and sales and marketing. More Recently, Nick has had responsibility for Triumph’s purchasing department.
In his sales and marketing role, Nick worked closely with the Australian Triumph distributor, Peter Stevens Imports, and was once a regular visitor Down Under.