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IN BRIEF: Cairn Homes hires "high calibre" Richard Ball as new CFO

Tue, 13th Feb 2024 08:40

Cairn Homes PLC - Dublin-based housebuilder - Appoints Richard Ball as chief financial officer, effective from April 10. Ball then will join the board at Cairn's annual general meeting on May 10. Incumbent CFO Shane Doherty, who announced his resignation in October, will leave Cairn during the third quarter. Ball currently is a partner at Dublin-based rental property developer Urbeo. He previously was chief investment officer at Hibernia REIT PLC from December 2013 to March 2019.

Chair John Reynolds says: "We are delighted to be appointing a high calibre candidate in Richard...His deep experience in residential and other property sectors, in roles that cover finance, capital markets and sustainability, will be invaluable, given the company's momentum and trajectory, as we continue to focus on driving shareholder value."

Current stock price: 128.00 pence

12-month change: up 54%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com