Exclusive: Co-founder of Rise Ian Eggers leaves the company

Rise

Ian Eggers, one of the co-founders of construction manager Rise, has exited the company four years after it was launched.

In a statement Rise said Eggers 鈥渋s leaving with immediate effect鈥 after 鈥渁 basic divergence regarding the future direction of the business鈥.

Eggers (pictured, centre) wants to concentrate on 鈥渄evelopment opportunities鈥, the statement said, while the company鈥檚 other two co-founders, Bob White (pictured, left) and Gareth Stapleton (pictured, right), want to focus on 鈥減roject management and construction management鈥.

Eggers is one of the highest profile builders in the construction industry. At former employer Mace, Eggers played a key role in securing the Shard under a construction management form of contract and at a fixed price.

Rise said Eggers would continue to have a 鈥渏oint interest鈥 in some projects 鈥渦ntil completion or suitable exit opportunities鈥.

黑洞社区 understands Rise staff were told about Eggers鈥 departure three weeks ago, and separate market sources described his departure as 鈥渟udden鈥.

Rise鈥檚 full statement

The directors of Rise would like to announce that Ian Eggers has decided to leave the company, after nearly four exciting years developing the burgeoning business.

The decision was made based on a basic divergence regarding the future direction of the business; with Rise focusing on project management and construction management contracts and Ian will be concentrating on development opportunities.

Ian is leaving with immediate effect. There are projects in which a joint interest will be retained until completion or suitable exit opportunities.

Bob White and Gareth Stapleton would like to thank Ian Eggers for his contribution to developing Rise and the parties commit to assisting each other in the future should the opportunity arise.