BARRATT DEVELOPMENTS PLC
(the "Company")
Barratt to appoint Nigel Webb as Independent
Non-Executive Director with effect from 1 October 2023
Barratt Developments PLC ("Barratt") is pleased to announce that the PLC Board has approved the appointment of Nigel Webb as an independent Non-Executive Director of the Company with effect from 1 October 2023. Nigel will also join the Audit, Nomination, and Remuneration Committees with effect from the same date.
Nigel Webb will bring over 37 years of experience in property investment and development to the Barratt Board. He is currently a non-executive director of Precede Capital Partners, Chair of the Construction Productivity Taskforce and a trustee of the Victoria and Albert Museum. Up until June 2023, Nigel was the Head of Development and a member of the Executive Committee at British Land Company plc, where he had worked since 1992. His responsibilities included leadership of British Land's property development activities throughout the UK and across all sectors, primarily office, retail, residential & urban logistics. He was also responsible for delivery of the group's industry-leading Environment, Social and Governance (ESG) strategy, including developing all new buildings to net zero embodied carbon.
Caroline Silver, Chair of Barratt said: "On behalf of the Board, I am delighted to welcome Nigel to Barratt. Nigel will bring a wealth of property investment and development experience and ESG strategy expertise, which will complement the skills of the other Board members and will be of great value to the Company over the coming years".
Nigel said: "I am delighted to be joining the Barratt Board and to be part of a financially and operationally strong company that is leading the industry in terms of both quality and sustainability whilst putting its customers at the heart of everything it does. I look forward to working with the Barratt Board and the management team over the coming years to deliver their strategy".
Pursuant to its obligations under the listing rules of the UK Listing Authority, Barratt confirms that Nigel has not held any directorships of any publicly quoted companies in the last five years other than those disclosed above. There is no further information which is required to be disclosed pursuant to paragraph LR 9.6.13R.
For further information please contact:
Tina Bains,
Company Secretary 01530 278 278
Notification Date: 6 September 2023