Directorate Change

RNS Number : 8738D

Galliford Try PLC

12 July 2016

 

GALLIFORD TRY PLC

DIRECTORATE CHANGE

12 JULY 2016

Galliford Try plc, the housebuilding and construction group, announces that Greg Fitzgerald will step down as non-executive Chairman at the AGM on 11 November 2016 having previously announced his intention to retire from the Group on 16 September 2014. Peter Ventress, non-executive Deputy Chairman and Senior Independent Director, will, also as previously announced, become non-executive Chairman on Greg Fitzgerald stepping down.  Peter Ventress was appointed to the Board as Deputy Chairman and Senior Independent Director in April 2015 and is currently a member of the Remuneration, Nomination and Audit Committees.

Greg Fitzgerald, Chairman, said: "In September 2014 I announced, after 33 years with the business, my intention to retire from the Group.  Since announcing my intention to retire and having overseen a number of executive and non-executive appointments, including the appointment of Peter Truscott as Chief Executive and Peter Ventress as Deputy Chairman, I believe, following an effective transition that now is the right time to step down. I leave the business in an excellent financial position with a clear growth strategy."   

Peter Ventress, Deputy Chairman and Senior Independent Director, said:  "We would like to thank Greg for his very significant contribution to Galliford Try in his various roles including Chief Executive and Chairman."

This announcement contains inside information.

For further enquiries:

Galliford Try plc	Peter Truscott, Chief Executive	01895 855001
	Graham Prothero, Finance Director
Tulchan Communications	James Macey White Martin Pengelley	020 7353 4200

Notes to Editors:

Greg Fitzgerald is the Chairman of Ardent Hire Solutions Limited and will step down as a non-executive Director of the National House-Building Council on 31 July 2016.

Peter Ventress was appointed to the Board in April 2015. He is a non-executive Director of Premier Farnell plc and Softcat plc and was formerly Chief Executive Officer of European textile service business, Berendsen plc. Prior to joining Berendsen in 2010, Peter spent ten years in senior management positions in Europe and Canada in the office products distribution industry with Corporate Express N.V., becoming Chief Executive in 2007. In 2008, he was appointed head of all Staples' activities outside the United States and Canada. In January 2016, he was appointed as a non-executive Director of BAA Aviation plc.

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250.  Housebuilding - through our Linden Homes and Galliford Try Partnerships businesses - sells distinctive homes to the public and affordable homes to housing associations and local authority providers.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2015, the Group generated revenues of £2.3 billion.

 

END

 

 

BOAVFLFFQDFZBBD