MCS.L Share News (MCS)

(ShareCast News) - McCarthy & Stone, the UK's leading retirement housebuilder, has announced that Rowan Baker will be appointed as the group's chief financial officer from 6 January 2017. Baker will be taking over from Nick Maddock who will be stepping down from the board on 6 January 2017.She currently holds the position of group financial controller and has worked for the group since January 2012. Before joining the company she held a variety of roles in industry and private practice, most notably at Barclays Bank and PricewaterhouseCoopers.Chairman John White said: "We are delighted to announce Rowan's appointment as chief financial officer and we welcome her to the Board. She has made an outstanding contribution since she joined the Group in 2012 and she played a key role in our successful return to the stock market in November 2015."The share price rose 1.06% to 162.70p at 1045 GMT on Tuesday.