Taylor Wimpey’s Pete Redfern is stepping down as chief executive after more than 14 years in the role.
Redfern said he would remain at the helm until a suitable candidate has been identified and a full handover has taken place. Taylor Wimpey said the board had a “robust succession plan in place” and the recruitment process was at an advanced stage. The housebuilder said it was looking at both internal and external candidates.
Redfern said: “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.”
Chair 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.”
She credited Redfern with transforming Taylor Wimpey into one of the UK’s largest housebuilders, “with an industry-leading landbank, a strong financial position and a clear and deliverable strategy for profitable growth”.
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