Directorate Change

RNS Number : 8103F

Taylor Wimpey PLC

14 October 2008

 



Taylor Wimpey plc

Directorate Change

Appointment of Group Finance Director

Taylor Wimpey plc today announces that Christopher Rickard has been appointed Group Finance Director and will join the Board as an Executive Director with effect from 16 October 2008.  Chris will take over this position from Peter Johnson, who announced his intention to stand down from the Board in July 2008.  Peter will stand down from the Board with effect from 16 October 2008 and will leave the Company on 31 October 2008. 

Chris (aged 51) most recently held the position of Group Finance Director at Whatman Group plc, leaving the business when it was sold to GE Healthcare in April 2008.  He has extensive experience of working in the capital intensive manufacturing and services industries, having previously held the position of Group Finance Director at VT Group plc, Weir Group plc and Meggitt plc. Chris qualified as an accountant, leaving PWC as an Audit Manager in 1986 to work in industry.

Norman Askew, Non-Executive Chairman of Taylor Wimpey plc, said:

'I am delighted to welcome Chris to the Board. Chris has a wealth of experience and I am sure he will make a valuable contribution to Taylor Wimpey.'

Pete Redfern, Group Chief Executive of Taylor Wimpey plc, said:

'I'm extremely pleased that we have secured a Finance Director of Chris' calibre to join our executive team.  As an experienced Finance Director with relevant industrial experience, Chris will add strongly to the operational effectiveness of the company and the overall development of our business.'

Taylor Wimpey confirms that no disclosure is necessary in respect of Christopher Rickard as required by Listing Rule 9.6.13.

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For further information please contact:  

Taylor Wimpey                                                     Tel: [phone]  

Pete Redfern, Group Chief Executive  

Jonathan Drake, Investor Relations  

Finsbury                                                                Tel: [phone]

James Murgatroyd

Faeth Birch  

Notes to editors:

On 3 July 2007, Taylor Woodrow plc and George Wimpey Plc completed their merger to form Taylor Wimpey plc.

Peter Johnson joined the Board of Taylor Woodrow plc in November 2002 and became Finance Director of Taylor Wimpey plc after the merger of Taylor Woodrow plc and George Wimpey Plc in July 2007.

Taylor Wimpey plc builds homes in the UK, North America and Spain and Gibraltar. It aims to be the homebuilder of choice for customers, employees, shareholders and communities.

 

END

 

 

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