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Hyde chief executive Elaine Bailey to retire
Elaine Bailey, chief executive of Hyde Group, has announced her retirement after five years at the large housing association.
Ms Bailey told staff the news this morning, saying she would stay on until her successor was in place.
Hyde will begin recruiting for a new chief executive immediately, aiming to make an appointment in July.
Ms Bailey said: “After working for more than four decades, I am so lucky to have spent the past five years of my career with Hyde. I can genuinely say that it has felt good to come to work each day, knowing that we are contributing positively to society.
“Housing – or the lack of it – is still a huge issue in the South of England and Hyde’s role in providing more homes for those without a safe, secure, affordable home is as important today as it’s ever been.”
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Ms Bailey joined Hyde from outside the social housing sector, having spent much of her career in the prisons industry.
She worked at HM Prison Service from 1996 to 2000 before moving into the private sector and working first for Premier Custodial Group and then in prison-related areas for outsourcer Serco, which manages five UK prisons and an asylum seeker detention centre.
She joined Hyde as chief executive in 2014, saying that she wanted to create a new identity for the organisation as a sector leader.
The 50,000-home housing association now has a pipeline of 11,000 homes over the next five years and has struck various partnerships with house builders, contractors, local authorities and other housing associations during Ms Bailey’s time in post.
Ms Bailey is also a member of the Industry Safety Steering Group, formed by Dame Judith Hackitt in the aftermath of the Grenfell Tower fire to drive building safety and cultural change. A Hyde spokesperson confirmed that she would be keeping this position.
Alan Collett, chair of Hyde, said: “Obviously we are sad to see Elaine go but wish her well in her retirement. I’d like to thank her for her enormous contribution to Hyde and for everything she has achieved during her time as chief executive.
“She leaves Hyde in an incredibly strong position, able to provide more much-needed homes for London and the South East and set to provide modern, easily accessed services to our customers.”
Update: at 11.12 on 16.4.19 This story was updated to include information on Ms Bailey’s position on the Industry Safety Steering Group.
