Folding bike company Brompton is searching for a replacement for its chairman as it aims to double in size over the next five years.
The company has appointed headhunters to find a successor to its long-serving chairman Tim Guinness, Sky News reported.
The British bike firm wants to hire an executive who is themselves a cyclist with a background at a fast-growing consumer brand and has reportedly placed an advertisement on online recruitment platform Nurole.
The company's new chairman will work alongside chief executive Will Butler-Adams who was appointed into the role after he met Guiness on a bus journey in 2002.
Brompton, which is privately owned, makes around 45,000 of its bikes a year at its west London factory.
In its latest accounts the company said it made a profit of £3.1m in the financial year to 31 March 2018, and reported turnover of £36.1m.
The company’s board members include entrepreneur Luke Johnson, who was the chairman of Patisserie Holdings before the cafe chain collapsed amid an accounting scandal earlier this year.