Directorate Change

RNS Number : 1766V

Persimmon PLC

09 January 2012

 

Persimmon Plc

Appointment of Mark Preston as non-executive Director

Director: Change of responsibilities

1.  Appointment of Mark Preston as a non-executive director

Persimmon Plc is pleased to announce the appointment of Mark Preston as non-executive Director with effect from 9 January 2012.

Mark Preston (43), a chartered surveyor, is the Group Chief Executive of Grosvenor Group Limited, an appointment he took up in 2008.  He is also a non-executive Director of Sonae Sierra SGPS.  

Nicholas Wrigley, Chairman of Persimmon, said: "We are delighted to welcome Mark to the Board. He has a wealth of experience and expertise which will be of great benefit to Persimmon as we continue to develop our business."

No further information is required to be disclosed pursuant to Listing Rule 9.6.13.

2.  Director - change of responsibilities

With effect from 9 January 2012 Jeff Fairburn (45), will be promoted to Group Managing Director with responsibility for Group operational functions and management of the Group's strategic land portfolio.

Jeff joined Persimmon in 1989 and was appointed to the Board on 1 June 2009.  He will continue as North Division Chief Executive.

Mike Farley, Group Chief Executive of Persimmon said:  "Jeff has been with Persimmon for over 20 years and brings a wealth of knowledge and experience to this important newly created role.  I'm confident that he will bring even greater focus to the key areas of strategic land and operational efficiency that are vital to the Group's continued success."

Notes to Editors:

About Mark Preston

Mark Preston (43), a chartered surveyor, is the Group Chief Executive of Grosvenor Group Limited.  Mark joined Grosvenor in the UK in 1989 and became Chief Executive of Grosvenor Britain & Ireland in 2006 and Group Chief Executive in 2008.

He is a non-executive Director of Sonae Sierra SGPS.  He is also a Director of The Association of Foreign Investors in Real Estate, a Member of the (University of) Cambridge Land Economy Advisory Board and a Member of the Eurohypo International Advisory Board.

About Persimmon

Persimmon plc was established in 1972 and has become one of Britain's leading housebuilders.  The Group's Head Office is in York and Persimmon has 25 offices nationwide.  The Group operates under three main brands; Persimmon Homes, Charles Church and Westbury Partnerships.

The Persimmon Homes business builds quality houses which provide the very best in design, construction and service.  Charles Church provides a range of premium houses, in both modern and traditional styles.  Westbury Partnerships focuses on social housing using modern methods of construction supplied by Space4, our timber frame manufacturing business.

For more information about Persimmon please go to www.corporate.persimmonhomes.com

For further information, please contact:	Simon Rigby Kevin Smith Lindsay Noton
Mike Farley, Group Chief Executive Mike Killoran, Group Finance Director Persimmon plc
Tel: [phone]	Citigate Dewe Rogerson
	Tel: [phone]

 

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