Development, construction and real estate management business Torsion Group has appointed David Worsley as its new chief operating officer (COO).
Over the last six years, David has been responsible for assembling the development of over 3,200 PBSA beds and 1,150 Residential Apartments. He has generated more than £710m of capital, including institutional and private equity.
As COO, David will now focus on identifying future key development opportunities, securing large-scale funding, and negotiating joint venture partnerships to continue place-making and deliver the wider Torsion Group business plan.
He will also support the relevant business managing directors in delivering their growth and business improvement plans within Torsion Developments, Torsion Construction, Torsion Homes, and Luna Students.
With David’s move to COO, Ed Wootton takes on the responsibility of managing director for Torsion Construction and Torsion Developments, providing a continuation in the smooth running of both businesses whilst injecting his passion for the future sustained and prolonged successful delivery of their schemes.
Commenting on the appoint, CEO Dan Spencer, said: “It gives me great pleasure to promote David Worsley to the role of COO and Ed Wootton to managing director of Torsion Developments. Alongside myself, David Worsley was integral in founding Torsion Developments and has been instrumental in our growth and positioning as a market-leading developer.
“His continued and dedicated focus in this area will help us forge ahead in our core sectors. Dave is delivering the strategic growth plan in the sector by finding innovative solutions to provide funding for schemes and unlock developments.”
Dan added: “Ed’s appointment has provided a single, clear leadership structure that enhances project outcomes and strengthens our ability to offer clients end-to-end solutions. It has culminated in a record number of new projects for Torsion over the last 12 months.
“Aligning our senior leadership team to satisfy the needs of the business will help us deliver further growth and ensure we continue to exceed investor and client expectations whilst delivering our long-term business plans.”
