The existing management team, which includes Jon Tweed, sales director and Mike Taylor, operations director, will step up to manage the day-to-day running of the business in the immediate term. A search for a new CEO is underway and an appointment is expected in the first half of 2023.
Wilson will remain closely involved in the business with a focus on strategy and public relations. This move will also allow him to devote more time to his other interests which include classic cars and mental health charities.
Wilson said: “While there is no doubt that it will be hard to step away from the day-to-day running of a business, I know I can do so with confidence. The whole Air team have helped build a business that I am immensely proud of and I would like to thank them for all their hard work and dedication. I want to also thank Air members for the support they have given me over the years.
“Together, we’ve improved standards in the later life lending market, helped to grow businesses and driven lenders to be more innovative in their approach. We could not have achieved what we have done thus far without you and, as chairman, I will continue to champion quality advisers and best practices across the industry.”
Simon Thompson, group CEO of Key Group, said: “Having worked with Stuart over the past few years, I know how proud he is of Air. He has a legacy of encouraging more advisers to provide consumer-focused outcomes, supported by the tools and services offered by this platform.”
