The Building Cost Information Service (BCIS) has appointed Richard Linstead as chief executive, with James Fiske appointed to the new role of executive director.
Linstead, who has been with the business for two years in his role as chief product and technology officer, brings more than 25 years of experience in leading product, commercial and technology across fintech, media and professional services.
BCIS says he has already played a “vital role” in delivering technology and process improvements to enhance customer experience and business operations at the company.
Linstead said: “BCIS occupies a special place within the UK built environment ecosystem. It’s an organisation with a rich heritage, built on data integrity and deep contextual expertise – and a focus on supporting the whole industry to grow.
“I’m looking forward to leading this exceptional team in evolving our existing platforms and services, while developing innovative new data products and tools to further improve the user experience and offering for our customers.”
Under Fiske’s leadership, BCIS says the business has grown annual recurring revenue (ARR) by 100% in under three years since it separated from RICS in 2022 with the support of investor LDC.
In this time, BCIS has expanded its operations, doubled its headcount, transformed its product offering and built capabilities for new and emerging data areas such as carbon.
His decision to move into a newly formed executive director role will enable Fiske to continue to develop BCIS’s relationships in built environment data and advocate for the important role data plays in decarbonisation.
Colin Smith, chair of BCIS, said: “James has led BCIS through an ambitious growth phase, delivering improvements in market penetration, customer experience, thought leadership and developing the BCIS culture as a stand-alone business.
“We are grateful for his continued commitment to the strategic development of the business in the years ahead.
“Richard’s drive has already made a significant difference to BCIS since he joined in 2023, and his appointment as CEO positions the organisation for future growth as it continues to deliver high-quality data and technology solutions to its customers.”
Main image: Richard Linstead, chief executive, BCIS
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