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SLR CEO Bradley Andrews: Five Things to Know About Sustainability Consulting Firm's New Leader

October 24, 2023 by Joe Panettieri

Sustainability consulting firm SLR has hired Worley veteran Bradley Andrews (pictured above) to succeed co-founder Neil Penhall as CEO.

Here are five things to know about Andrews' experience, and SLR Consulting's business focus.

1. Business Scope and Scale: SLR Consulting, founded in 1994, is a sustainability consulting firm that employs more than 3,000 people. Based in London, United Kingdom, the company has more than 100 offices in Europe, the United States, Latin America, Asia-Pacific and Africa. SLA specializes in such vertical markets as power & energy, mining & minerals, infrastructure, built environment, manufacturing & industry and finance services.

Neil Penhall, co-founder and vice chair, SLR Consulting

2. Business Ownership: Private equity firm Ares Management acquired SLR Consulting from Charterhouse Capital Partners in 2022. Financial terms of the deal were not disclosed. Charterhouse had owned a majority stake in SLR Consulting since 2018.

3. Acquisitions: SLR has grown both organically and through M&A. Example acquisitions include IBIS Consulting, ESG strategy consultancy Carnstone and RCS Global Group.

4. CEO Transition and Executive Backgrounds: SLR co-founder Neil Penhall will shift from CEO to vice chair of the SLR board of directors.

New CEO Bradley Andrews previously was president of Worley, a professional services company focused on the energy, chemicals and resources sectors. Worley has roughly 51,000 employees across 46 countries. Andrews' expertise includes "emerging sustainable and low carbon technologies such as renewables, sustainable fuels, hydrogen, CCUS, battery materials, subsea desalination and power," SLR said.

Bradley started his professional career on the owner side in mining and oil & gas before starting his consultancy career with Komex, an environment and water advisory company that Worley acquired in 2006. Previously, he was a president of Advisian, Worley’s advisory and consulting company. He also founded Advisian Digital -- which spanned a technology incubator, venture investment arm, and an automation and data intelligence unit.

John Kerr, chair, SLR Consulting

5. Executive Perspectives: In a prepared statement about the CEO transition, Chair of SLR John Kerr said: “On behalf of the Board and larger SLR team, I would like to thank Neil for his outstanding contributions to building SLR’s global footprint and strong reputation. We are pleased that he will continue to play an important strategic role going forward and support a smooth transition as we welcome Bradley as our new CEO. Bradley brings a strong record of high performance, extensive industry experience and a client orientation, and we are excited to benefit from an executive of his caliber as SLR enters its next phase of growth.”

Added Penhall: “Over the last 28 years, I have been fortunate to work alongside my SLR colleagues in building a global leader in environmental and sustainability consulting. SLR’s growth and success has been underpinned by a truly differentiated ‘One Team’ culture, and I am immensely proud of what we have accomplished together. As SLR continues to execute against the progress we have made, I am delighted to welcome Bradley as our new CEO and look forward to supporting his vision for the future of the Company.”

Stephane Etroy
Stephane Etroy, partner and head of European private equity at Ares Management

Noted Andrews: “I would like to thank John and the Board of Directors for their warm welcome to SLR. I am both humbled and excited to work alongside SLR’s deep bench of talented environmental and business consultants, engineers and scientists to build on the Company’s positive momentum. SLR is on a solid growth trajectory with an expansive portfolio of sustainability solutions, strong financials and a thriving culture, and I am committed to ensuring we continue to meet our clients’ needs in helping them achieve their sustainability objectives.”

Concluded Stephane Etroy, partner and head of European private equity at Ares: “On behalf of Ares, we would like to thank Neil for his commitment to SLR over the last nearly three decades. SLR is embarking on this leadership transition from a position of strength, and we are confident Bradley is the right choice to help SLR continue to execute against its strategy for long-term success.” 

Related: See all M&A deals involving sustainable consulting here.

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