Dominic Wray steps down as CEO of Visit Isle of Wight after restructuring mandate
What happened
Dominic Wray stepped down as Chief Executive of Visit Isle of Wight on September 23, 2026, concluding his interim mandate. During his tenure, he restructured the organization and rebuilt the funding model for the island's destination marketing. The new proposal, BID 3, suggests a stepped levy increasing from 1.75% to 6%, based on sector and benefit, and removes the £150 minimum payment for the island’s smallest businesses.
From onthewight.com
Why it matters
The transition concludes a mandate focused on creating a sustainable funding model for the island's destination organization. The new BID 3 structure aims to replace an outdated levy that had eroded in real value while delivery costs increased.
From onthewight.com
Who's involved
- DominicFormer Chief Executive of Visit Isle of Wight
- Isle of WightLocation of the destination marketing organization
- Isle of Wight CouncilPart of the board overseeing the new BID 3 funding model
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Isle of Wight CouncilSpeculative
The Isle of Wight Council might influence the funding structure and cost base of the destination marketing organization through its role on the BID 3 board.
Keep exploring
The entities involved
-
Dominic
name
-
Isle of Wight
island, county and unitary authority area of England, United Kingdom