Richard White, the founder and CEO of online rental viewings and digital tenancy processing company Goodlord is about to leave the company, it has been reported.The news comes just a day after it was announced Goodlord has let 40 of its employees go, reducing its headcount down to 96 from 136.31-year-old Richard, who is both a director and company secretary of Oh Goodlord Ltd, started out in the property industry as a Foxtons negotiator before moving to lettings company Capital Living.He then founded and helped raise £2m in start-up cash plus a further £7.2 million in March last year.At the time Richard told The Negotiator that he would be spending the extra cash on expanding the company’s headcount, and that Goodlord had signed up several big names to its service including Strutt & Parker.The company currently says its has 365,000 landlords and tenants who have used its service, and processed 151,000 tenancies.But Goodlord’s management would appear to have taken it in a new direction following the reduction in staff this week.Richard White’s reported imminent departure has been predicted on website Techcrunch, which also says Goodlord’s CTO Andrew Done may also be leaving the company.Following the departure of 40 staff, Goodlord has released a statement saying it wanted to reduce the size of its sales and marketing teams “to focus on scaling effectively and efficiently” and is ”putting more focus on bringing out new features and automation functionality to the platform.”“Our customers will see the effects of this focus almost immediately with new features and services being released as soon as the end of the month”, the company says.goodlord Richard White techcrunch January 10, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Does yesterday’s Goodlord staff clearout include its CEO? previous nextProptechDoes yesterday’s Goodlord staff clearout include its CEO?Co-founder Richard White may be about to leave the company as it focuses more on tech, not sales and marketing.Nigel Lewis10th January 201801,711 Views
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Profits at Ginsters and West Cornwall Pasty Co owner Samworth Brothers have fallen as a result of rising commodity costs and £18m in one-off charges.Describing the year to 29 December 2018 as ‘challenging’, the business recorded a 1.6% year on year dip in sales to £1,004m.Profit before tax was £0.8m, down from £23.5m the previous year. The profit included non-recurring costs of £18.2m, and Samworth said profit for the year would have been £19m without these.The non-recurring costs included £1.2m additional pension liability, £4m relating to software costs, a and a £10.1m impairment following “significant” operating losses at desserts and cakes division Kensey Foods.In January this year, Samworth announced plans to close Kensey Foods, which operated from an 11-acre site in Launceston, Cornwall.Profit margins dropped from 17.8% to 17.1%, which the business said was a result of increased raw material costs and a change to product mix.In accounts filed at Companies House, Samworth said it was in a transitional period as it looked to return to profitable growth.It added it was “well placed to exploit the high-growth” food-to-go market following the acquisition of the Manton Wood sandwich business from 2 Sisters Food Group.“The food sector remains highly competitive as consumer eating habits continue to evolve,” stated Samworth. “This has resulted in reduction in sales volumes across a number of core categories but has created opportunities in others, particularly the convenience and food-to-go categories.”This year, Samworth launched new food-to-go delivery service Fresh Food for Now and taken a minority stake in pies and pastries supplier Higgidy.“While market conditions continue to be testing, the business is now performing better in terms of sales, profit and cash generation and we remain confident about the future,” the business told British Baker.
Harvard University has been announced as one of three schools in the Ivy League that were recognized by the U.S. Environmental Protection Agency as 2009-10 Collective Conference Champions for using green power. The Collective Conference Champions Award recognizes the conference, and its respective participating schools, whose collective green power purchase was the largest among all participating conferences.Since April 2006, the EPA’s Green Power Partnership has tracked and recognized the collegiate athletic conferences with the highest combined green power purchases in the nation. The EPA recognized Harvard University for its purchase, which contributed to making the Ivy League the challenge’s largest overall purchaser of green power.Harvard’s voluntary use of nearly 32 million kilowatt-hours (kwh) of green power represents 10 percent of the school’s annual electricity usage. Harvard is purchasing a utility green power product and renewable energy certificates from Essex Hydro Associates and Sterling Planet. In addition, the school generates on-site renewable electricity, which helps to reduce the environmental impacts associated with the campus’s electricity use.The EPA estimates that Harvard University’s purchase of nearly 32 million kwh of green power is equivalent to the CO2 emissions from the electricity use of nearly 3,000 average American homes each year or has the equivalent impact of reducing the CO2 emissions of more than 4,000 passenger cars annually. The Ivy League’s collective green power purchase of more than 225 million kwh of green power is equivalent to the CO2 emissions from the electricity use of nearly 20,000 average American homes or the annual CO2 emissions of nearly 31,000 cars.Twenty-six collegiate conferences and 54 colleges and universities competed in the 2009-10 challenge, collectively purchasing nearly 1.2 billion kwh of green power. The EPA will extend the College and University Green Power Challenge for a fifth year, to conclude in spring of 2011. The EPA’s Green Power Challenge is open to all U.S. colleges, universities, and conferences. In order to qualify, a collegiate athletic conference must include at least one school that qualifies as a Green Power Partner, and the conference must collectively meet EPA’s minimum conference purchase requirement.For more information about the EPA’s College and University Green Power Challenge, visit the Challenge Web site.