Taylor Wimpey CEO Pete Redfern to step down
Taylor Wimpey CEO Pete Redfern is stepping down after more than 14 years at the helm of the house builder.
Redfern will leave the business once a suitable replacement has been found.
Taylor Wimpey said is has a “robust succession plan in place” and the recruitment process is advanced with a selection process considering both internal and external candidates.
Chairman Irene Dorner said: “Pete has made an invaluable contribution to the business during his almost 15 years as CEO, including having successfully led the company through a global financial crisis and the recent pandemic.
“Pete has led a management team which has overseen the transformation of Taylor Wimpey into one of the largest housebuilders in the UK, with an industry leading landbank, a strong financial position and a clear and deliverable strategy for profitable growth. In addition, Pete will leave the business with a strong and differentiated culture he can be proud of creating.”
Redfern added: “It has been a privilege to work at Taylor Wimpey for the last two decades and to lead a business of which I am so proud, working with so many exceptional people both within the business and through our partnerships.
“The business is in excellent health and is well positioned for strong future growth. Accordingly, I am confident that now is the right time for fresh leadership as Taylor Wimpey starts the next chapter.
“Last year, having significantly increased our land buying to take advantage of land market opportunities, we have grown our landbank and set a clear path to deliver strong growth and returns over the coming years.
“I am extremely proud that Taylor Wimpey is a five-star home builder for customer service, with the highest construction quality scores in the volume house building industry and outstanding employee engagement.
“I would like to thank everyone at Taylor Wimpey for their past, current and future support.”
Did you miss our previous article…
https://www.drupalcamppa.org/?p=1513
Plans in for 2m sq ft Ilkeston warehouse park
Developer Verdant Regeneration has submitted plans to redevelop the former Stanton Ironworks near Ilkeston in Derbyshire into a vast industrial and warehouse park.
The firm plans to transform the 200-acre site located near J25 of the M1 between Nottingham and Ilkeston, building 2m sq ft of new build warehouse and industrial space, with the ability to deliver a single building of around 1 million sq ft.
As well as extensive remediation and re-use of a large, brownfield site, the plans for New Stanton Park include consolidation of the existing rail line and provision of new rail spur.
David Grier, of Verdant Regeneration, said: “Having acquired the site in 2020, we have worked hard across the team to quickly bring forward an outline planning application on what is one of the largest regeneration projects within the region.
“New Stanton Park offers an excellent strategic location, blending an active rail connection with strong private and public transport connectivity, plentiful labour and large power supply.
“When combined, we are confident this will result in a highly successful development with the next chapter set to positively transform and improve the area, bringing forward large-scale job creation in the process.”
With a direct and operational link to the Midland Mainline railway, the site has potential to become a key distribution point for materials being imported and exported efficiently throughout the UK and beyond.
Did you miss our previous article…
https://www.drupalcamppa.org/?p=1510