During his six years at the firm, Worsley has been instrumental in the development of 3,200 PBSA beds and 1,150 residential apartments. He has successfully generated over £710 million in capital, including both institutional and private equity. Reports Contract Journal
As COO, he will concentrate on identifying key future development opportunities, securing large-scale funding, and negotiating joint venture partnerships to advance place-making and deliver the broader Torsion Group business plan.
With Worsley’s promotion to COO, Ed Wootton will assume the role of Managing Director for both Torsion Construction and Torsion Developments.
Dan Spencer, CEO at Torsion, said: “I am delighted to promote Dave Worsley to the role of Chief Operating Officer and Ed Wootton to Managing Director of Torsion Developments.”