Last checked at 14 May 2010 07:00
14 May 2010
Taylor Wimpey plc
Board Changes
Appointment of Chairman
Taylor Wimpey plc today announces the appointment of Kevin Beeston as Non-Executive Chairman, following a selection process led by Rob Rowley, Senior Independent Director, on behalf of the Nomination Committee. Kevin joins the Board with effect from 1 July 2010 and will take up the role of Chairman on that date. Kevin will succeed Norman Askew, who announced his intention to stand down from the Board in December 2009. Norman will step down as Chairman and leave the Company on 30 June 2010.
Kevin recently stood down as Chairman of Serco Group plc after 25 years with the company and 8 years as its Chairman. During that time, the company developed from a small UK technical services business to become a FTSE 100 international service company. In addition, Kevin has previously held non-executive positions with industry representative bodies such as the CBI, Chartered Management Institute and Business in the Community.
Kevin is also currently a Non-Executive Director of IMI plc and Chairman of three private businesses, Domestic & General Limited, Partnerships in Care Limited and Infinitas Learning BV. He is a former Non-Executive Director of Ipswich Town Football Club Plc.
Norman Askew, Chairman, said "I am delighted to welcome Kevin to the Board of Taylor Wimpey and I know that he will make a valuable contribution to the next stage of the Company's development".
Kevin Beeston commented "Having spent the majority of my career with Serco Group, I am looking forward immensely to applying my service experience to Taylor Wimpey's future strategic direction and development."
Pete Redfern, Group Chief Executive, added "Kevin brings significant experience of senior management roles within a growing public company and I look forward to working with him to deliver value to shareholders."
Taylor Wimpey plc confirms that no disclosure is necessary in respect of Kevin Beeston as required by Listing Rule 9.6.13.
- ends -
For further information please contact:
Taylor Wimpey plc Tel: +44 (0)7816 517 039
Pete Redfern, Group Chief Executive
James Jordan, Group Company Secretary
Jonathan Drake, Investor Relations
Finsbury Tel: +44 (0)20 7251 3801
Faeth Birch
Clare Hunt
Notes to editors:
Taylor Wimpey plc builds homes in the UK, North America, Spain and Gibraltar. It aims to be the homebuilder of choice for customers, employees, shareholders and communities.
For further information, please visit the Group's website:
www.taylorwimpeyplc.com