MJGleeson Regulatory News (GLE)

12 December 2022

Appointment of Managing Director of Gleeson Land

("Gleeson" or "the Group")

MJ Gleeson plc (GLE.L), the low-cost housebuilder and land promoter, announces the appointment of Guy Gusterson as Managing Director of Gleeson Land, the Group's land promotion division.

With over 25 years of industry experience, including 16 at St Modwen Properties plc (St Modwen), Guy has a proven track record of delivering strategic growth, developing leadership teams and creating value.

At St Modwen, Guy was a member of the Executive Committee and latterly Managing Director for Strategic Land & Regeneration, where he oversaw the development of the capital light strategic land division. Prior to this, Guy held senior positions at Crest Nicholson and Laing Homes.

James Thomson, Chief Executive Officer at MJ Gleeson, commented:  

"I am delighted to welcome Guy to Gleeson. With a wealth of sector experience, Guy will accelerate Gleeson Land's growth once market conditions normalise and continue to build on its track record of success and strong industry relationships."

Guy Gusterson, Managing Director of Gleeson Land, added:

"I am proud to join Gleeson Land. As one of the country's largest land promotion businesses, I have long-admired the Company which is primed for growth once macro-economic conditions improve. I am very much looking forward to playing my part in this exciting future growth."

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For further information on the Group, please see: https://www.mjgleesonplc.com/