REIDsteel statement – Membership of the CBI
REIDsteel statement – Membership of the Confederation of British Industry (CBI):
Simon Boyd, managing director of REIDsteel, said: “There have been some incredibly serious allegations about completely unacceptable behaviour at the CBI.
“It is shocking and of deep concern to us that such misconduct appears to have been allowed to happen over a number of years.
“There is absolutely no excuse for this type of behaviour at any organisation or business, whether in the City of London or elsewhere.
“It is emphatically at odds with what REIDsteel stands for as a company where values of respect and inclusivity for everyone are non-negotiable.
“Our initial reaction was to break all ties with the CBI, both in terms of our company membership and in my role as a founder member of its manufacturing council.
“However, we have been re-assured by the immediate and decisive action taken by the CBI’s president Brian McBride and its new director general Rain Newton-Smith. This has included a dismissal, suspension of employees and the launch of a root and branch review of its culture and governance.
“They have spoken to us and given us confidence […]
Simon was voted back onto the board at the chamber’s annual meeting, along with fellow directors and president Caron Khan, vice-president Tony Brown and new honorary treasurer Lesley Fox.
Simon first joined the board in March 2019 and acts on a voluntary basis as a non-exec director alongside his role as REIDsteel managing director and his many other commitments, including his membership of the Confederation of British Industry’s (CBI) manufacturing council.
REIDsteel is also a Platinum Business Partner of the chamber, which is Dorset’s leading business support organisation and the county’s voice of business. The company has also been a sponsor of the chamber-organised Dorset Business Awards.
REIDsteel has the community at its heart and is proud to support its local chamber and help it drive forward the economy.