Board Change

RNS Number : 6545U
Barratt Developments PLC
19 January 2017
 

 

19 January 2017

Barratt Developments PLC

 

Board change

 

The Board of Barratt Developments plc ("the Company") announces that Neil Cooper, Chief Financial Officer (CFO), has left the company by mutual agreement, effective immediately.

 

Chief Executive Officer (CEO), David Thomas, who previously held the role of Barratt CFO for six years until July 2015, will reassume temporary responsibility for the finance function supported by both Philip Schumacher and John Flynn, the Group Financial Controller and Housebuilding Financial Controller respectively. Deputy CEO and Chief Operating Officer, Steven Boyes, will continue to support David with his ongoing executive responsibilities.

 

The Board is launching a search for a new CFO and a further announcement will be made in due course.

 

On 12th January, Barratt provided an update on trading for the six months to 31st December 2016 and confirmed the Company is well on track for the full year. 

 

Chairman John Allan said:

 

"On behalf of the Board, I would like to thank Neil for his contribution during his time with us and we wish him well for the future."

 

Neil Cooper, CFO, said:

 

"I wish David and the team all the best for the future and would like to thank the Board for the opportunity to work with Barratt over the past year."

 

This announcement contains inside information. 

 

For further information please contact:

Barratt Developments PLC                                                          020 7299 4888

Tim Collins, Head of Corporate Communications

Chloe Barnes, Head of Investor Relations

 

Brunswick                                                                                           020 7404 5959

Jonathan Glass/Wendel Verbeek                                                            


This information is provided by RNS
The company news service from the London Stock Exchange
 
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