His designated replacement is 29 year old Trevor Taylor, who joined three years ago as financial controller and in March 2011 was appointed financial director of subsidiary company Peter Marshall Steel Stairs. He is also a director of the new BS2 joint venture with Bourne Steel.
Billington CEO Steve Fareham said: "The board would like to thank Peter for his 22 years of dedication and hard work which contributed to the growth of the company. We will miss Peter both personally and professionally and would like to wish him well in his retirement but we look forward to welcoming Trevor to the Board. Trevor joined Billington three years ago and was instrumental in the acquisition of Peter Marshall Steel Stairs Ltd. Billington prides itself in investing in our staff and promoting people from within. I am in no doubt that Trevor's experience and knowledge of the company will ensure a smooth transition."