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Richard Linstead, CEO, BCIS
Richard Linstead has been appointed as the new CEO of the Building Cost Information Service (BCIS), 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. He has already played a vital role in delivering technology and process improvements to enhance customer experience and business operations at BCIS.
Under Fiske’s leadership the business has grown annual recurring revenue (ARR) by 100 per cent 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. Fiske’s decision to move into a newly formed Executive Director role will enable him to continue to develop BCIS’s relationships in built environment data and advocate for the important role data plays in decarbonisation.
The extended board and leadership team, led by Linstead, will continue to strengthen BCIS’s position as the leading independent provider of construction and carbon data to the built environment and insurance sectors, through both organic and acquisitive growth.
Linstead commented: “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.”
Colin Smith, Chair, 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 standalone 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.”
