JCB billionaire to hand reins to youngest son in blow to apparent heir

cityam05-16

Jo Bamford was the presumed heir to JCB The boss of JCB has named his younger son as his heir to the business, instead of his elder son and presumed heir.In an interview with the Telegraph, Lord ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJCB billionaire to hand reins to youngest son in blow to apparent heir\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-16 17:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/jcb-billionaire-to-hand-reins-to-youngest-son-in-blow-to-apparent-heir/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jo Bamford was the presumed heir to JCB The boss of JCB has named his younger son as his heir to the business, instead of his elder son and presumed heir.In an interview with the Telegraph, Lord ...</p>\n\n<a href=\"https://www.cityam.com/jcb-billionaire-to-hand-reins-to-youngest-son-in-blow-to-apparent-heir/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMAT","symbol_name":"Meta Materials Inc.","start_time":0,"source_url":"https://www.cityam.com/jcb-billionaire-to-hand-reins-to-youngest-son-in-blow-to-apparent-heir/","article_id":"2635006839","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/04/Jo-Bamford-JCB.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/jcb-billionaire-to-hand-reins-to-youngest-son-in-blow-to-apparent-heir/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2635006839","pubTimestamp":1778923027,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Jo Bamford was the presumed heir to JCB The boss of JCB has named his younger son as his heir to the business, instead of his elder son and presumed heir.In an interview with the Telegraph, Lord Bamford said that his third child, George, would take over from his as head of the digger manufacturer rather than elder son Joseph, known as Jo.It is understood that Jo had attempted to persuade his father to give up the reins of the company in what Lord Bamford viewed as an attempted coup.Since then George has been installed as deputy chairman of JCB.Jo joined the company board in 2006, after stating working at the family firm in 2004, with George and eldest child Alice joining three years later.Jo went on to gain more senior roles including head of major contracts, which appeared to be him being prepped to take over.Meanwhile, George makes his own range of watches under the Bamford brand, which he will continue to own and oversee, but JCB is becoming his full-time job as he prepares to take ","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MMAT":"Meta Materials Inc.","BK4141":"半导体产品"},"translate_title":"JCB亿万富翁将控制权交给小儿子，对明显继承人造成打击","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMAT":0.66},"content_text":"Jo Bamford was the presumed heir to JCB The boss of JCB has named his younger son as his heir to the business, instead of his elder son and presumed heir.In an interview with the Telegraph, Lord Bamford said that his third child, George, would take over from his as head of the digger manufacturer rather than elder son Joseph, known as Jo.It is understood that Jo had attempted to persuade his father to give up the reins of the company in what Lord Bamford viewed as an attempted coup.Since then George has been installed as deputy chairman of JCB.\n\nLord Bamford said:  “In terms of us remaining a family business, that is very important, and we do have plans.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n“I’m very lucky and highly privileged to be in charge of this business at the moment. I don’t intend to be forever, I am 80, for heaven’s sake.”When asked who would eventually take over the business, he confirmed that “it will be George”, but it is understood that the succession plan has not yet been formalised at board level.End of speculationLord Bamford’s confirmation of his successor ends years of speculation and rumour about what is going on in the JCB boardroom.\n\nJo joined the company board in 2006, after stating working at the family firm in 2004, with George and eldest child Alice joining three years later.Jo went on to gain more senior roles including head of major contracts, which appeared to be him being prepped to take over.Meanwhile, George makes his own range of watches under the Bamford brand, which he will continue to own and oversee, but JCB is becoming his full-time job as he prepares to take over.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635006839","isCrawlerRequest":true}