MCI board member and former founder and chairman of Status Meetings Tim Bassett is retiring after nearly 35 years in the events industry.
Status Meetings was formed following the buyout of a group travel and events business belonging to the Meon Travel Group in 1985. Alongside John Moulton and Suzanne Clark, Bassett built up the business from 15 to 60 plus employees, before it was sold to MCI in 2002.
Bassett remained with MCI in various non-executive roles on the board of the UK, Spanish and Italian subsidiaries before joining the advisory board of the parent company, MCI Geneva. He left the UK board last month and his term on the Geneva board ends in June. Bassett said he hopes to see new blood join the board after his departure: “As MCI continues its amazing growth both geographically and in service scope it will need to refresh but not expand the board – perhaps bringing in directors from the Far East or North America or importing new skills.”
He added: “I’m proud of helping to select, motivate and retain a group of first class professional managers who are still successfully managing MCI UK almost 35 years after I first became involved. It’s great to feel that the business should continue to prosper as part of an ever growing MCI whose owners share the same philosophy and values that I followed in building the business.”
Bassett intends to continue his association with the events industry by working on the Financial Benchmarking surveys published by Graham Brett, while also becoming involved in one or two unpaid posts.
Pictured: Tim Bassett