
MJ Gleeson plc
("MJ Gleeson", the "Company" or the "Group")
Chief Financial Officer succession
MJ Gleeson, the leading affordable housebuilder and strategic land promoter, announces that after eleven years in the role, Stefan Allanson, Chief Financial Officer ("CFO"), advised the Board of his intention to step down from the Board.
As part of an orderly succession process, and following an extensive search process, Andrew Kirkman will be appointed to succeed Stefan as CFO, and as a director of MJ Gleeson, on Monday 19 October 2026. Stefan Allanson will formally step down from the Board on Friday 16 October 2026 and remain available to ensure an orderly handover until 31 December 2026.
Andrew Kirkman has had an extensive career in senior financial roles since qualifying as a Chartered Accountant in 1996 and subsequently spending six years in investment banking. Most recently, Andrew was CFO at commercial property group CLS Holdings plc, having previously held the position of CFO at Harworth Group plc, the leading regeneration, strategic land and development business. Andrew has held a number of other senior financial roles including CFO of Viridor and Balfour Beatty Investments.
Graham Prothero, CEO of MJ Gleeson, commented:
"On behalf of everyone at MJ Gleeson, I would like to say "thank you" to Stefan and to recognise the significant contribution he has made to the business over the last eleven years. He has been a steadfast CFO to three CEOs in that time and helped to steer the business through some of the most turbulent periods the housebuilding sector has had to endure. We wish him all the very best for the future.
"I am delighted to welcome Andrew to the business. He will bring significant experience gained from over thirty years in senior financial roles across the wider sector. He arrives at MJ Gleeson well-versed in our business and sector and I look forward to working with him."
Stefan Allanson, CFO of MJ Gleeson, commented:
"It has been a privilege to have worked at MJ Gleeson for the last eleven years. It is a great business with a bright future and I am incredibly proud to have played a part in its story. I wish the Company and every one of my colleagues all the very best."
Andrew Kirkman, commented:
"I am excited to join MJ Gleeson, a business I have long-admired since previously being based in Sheffield, and look forward to bringing my extensive wider experience to the business."
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014), as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Enquiries:
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MJ Gleeson plc |
+44 1142 612 900 |
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Graham Prothero, Chief Executive Officer |
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Stefan Allanson, Chief Financial Officer |
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Stoneway (Financial PR) |
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Mark Garraway |
+44 7771 860938 |
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Siobhan McCarthy |
+44 7391 534276 |
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| Singer Capital Markets (Joint broker) | +44 20 7496 3000 |
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Shaun Dobson Charles Leigh-Pemberton Anastassiya Eley |
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Peel Hunt (Joint broker) |
+44 20 7418 8900 |
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Ed Allsopp Asha Chotai Tom Graham |
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UK Listing Rule Disclosures
- Andrew Kirkman was formerly the Chief Financial Officer and director of CLS Holdings plc from July 2019 to June 2026. No other information is required to be disclosed pursuant to UK Listing Rule 6.4.8R.
- Andrew Kirkman's remuneration arrangements will be consistent with the Directors' Remuneration Policy approved by shareholders at the Company's last annual general meeting and full details of Andrew's remuneration package will be disclosed in the Group's FY2027 Annual Report and Accounts.
There is no other information required to be disclosed pursuant to UK Listing Rule 6.4.8R
About MJ Gleeson plc
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes, under the banner of "Building Homes. Changing Lives" builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bedroom apartments to five-bedroom houses. With a two-bedroom home available from £123,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage. Buying a Gleeson home typically costs less than renting a similar property. All Gleeson homes are traditional brick-built semi or detached homes.
As a high-quality, affordable housebuilder, Gleeson has strong and inherent sustainability credentials. Its social purpose underpins the Company's strategy and Gleeson measures itself closely against UN SDGs 5, 8, 11, 12, 13 and 15. More details on the Group's approach to sustainability can be found at: www.mjgleesonplc.com/sustainability.
Gleeson Land, which operates under the banner of "Promoting Land. Unlocking Value" is the Group's land promotion division operating in the South, West and Central England. Gleeson Land identifies development opportunities and works with landowners and stakeholders to both enhance the value of the property and to promote land through the residential planning system, ultimately managing the sale of these sites to other developers on behalf of landowners.
More details on the Company can be found at: https://www.mjgleesonplc.com/
For the purposes of UK MAR, the person responsible for arranging for the release of this information on behalf of MJ Gleeson plc is Leanne Johnson, Head of Legal and Company Secretary
LEI: 21380064K7N2W7FD6434