Posted on 16 April 2019
Hyde Chief Executive, Elaine Bailey has announced her intention to retire. Ms Bailey, who has been with the Hyde Group for five years, made the announcement to staff this morning, saying that she would stay on as Chief Executive until her successor was in place.
“After working for more than four decades, I am so lucky to have spent the last five years of my career with Hyde. I can genuinely say that it has felt good to come to work each day, knowing that we are contributing positively to society. Housing – or the lack of it – is still a huge issue in the south of England and Hyde’s role in providing more homes for those without a safe, secure, affordable home is as important today as it’s ever been,” she said.
“As I reflect on my time at Hyde, there is so much of which to be proud. We have withstood what seems like a constantly changing external environment. Yet we have thrived. We have come out of it stronger and able to do more.”
During her time at Hyde, Ms Bailey has overseen the establishment of an ambitious development pipeline of 11,000 homes over the next five years, the launching of several innovative partnerships with housebuilders, contractors, Local Authorities and other Housing Associations enabling Hyde to deliver homes at a much faster pace than it could alone; and the publication of Hyde’s ground-breaking report, The value of a social tenancy, which has been well-received by government, local authorities, investors and the housing sector since its publication last year. She also takes an active role in the government’s Building Safety Programme, including membership of the Industry Safety Standards Working Group chaired by Dame Judith Hackitt, which aims to drive improvements in building safety and cultural change in construction. She has also set Hyde on a path to transform into a customer-first organisation, making it ready to meet future customer needs.
Alan Collett, Chair of Hyde’s Board, said: “Obviously we are sad to see Elaine go but wish her well in her retirement. I’d like to thank her for her enormous contribution to Hyde and for everything she has achieved during her time as Chief Executive. She leaves Hyde in an incredibly strong position, able to provide more much-needed homes for London and the south east and set to provide modern, easily accessed services to our customers.”
A competitive recruitment process for a new Chief Executive will start immediately with the aim of making an appointment in July.