Progeny makes leadership changes as Tom Wood becomes CEO

Founder Neil Moles moves into non-exec and president role

Sahar Nazir
clock • 1 min read

Progeny Group has appointed Tom Wood as its new CEO as founder Neil Moles becomes non-executive director and president of the group.

Progeny said it has scaled its operations in the past three years to oversee more than £9bn in assets under management. Moles said: "Having founded and led the group for over sixteen years, I have decided after much reflection to step down from my role as CEO and become a non-executive director. This decision, while difficult, is the right step for me, my family, and ultimately for our business. "I'm delighted to confirm that Tom will succeed me as CEO. He is ideally suited to lead the next phase of growth and has been our CFO since February 2024.  Tom brings a wealth of experience, a...

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