By continuing to use the site you agree to our Privacy & Cookies policy

Your browser seems to have cookies disabled. For the best experience of this website, please enable cookies in your browser.


Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.


Revealed: the millions paid by PLP after KPF breakaway

London-based PLP paid more than £2 million this summer to Kohn Pederson Fox (KPF) for contracts it took with it when it controversially broke away from the US giant in 2009.

After a failed management buyout of KPF’s London office in summer 2009, five senior members of the global giant left to form new practice PLP, taking a handful of projects with them at the request of clients (AJ 12.11.2009).

PLP’s latest accounts reveal the London company reached a settlement in July 2012 to pay compensation of £2.1 million for the work transferred from KPF.

This appears to be in addition to almost £750,000 spent by PLP on the ‘professional costs’ of reaching an agreement in 2009.

The figures, for the 12 months to 31 December 2011, show a turnover of £12.6 million and a pre-tax profit on ordinary activities of £1.4m

More than two-thirds of its work came from the UK in 2011, compared with less than a third in the final five months of 2010.

The company is owned by the five directors who formed it – Lee Polisano David Leventhal, Karen Cook, Fred Pilbrow and Ron Bakker.

The highest paid director received £175,681 in 2011 – up from £72,917 the year before.

Have your say

You must sign in to make a comment.

Related Jobs

Sign in to see the latest jobs relevant to you!

The searchable digital buildings archive with drawings from more than 1,500 projects

AJ newsletters