RNS Number : 4495G
26 July 2021
26 July 2021
This announcement contains inside information.
Finance Director Succession
Persimmon announces that Mike Killoran, Group Finance Director, has informed the Board that, after 25 years with the Group, he intends to retire in early 2022. It is expected that Mike will step down from the Board in mid-January after the announcement of the trading update for FY21.
Mike joined Persimmon in 1996 and was appointed to the Board as Group Finance Director in 1999.
Roger Devlin, Chairman said "Mike has played a pivotal role in the development of Persimmon over more than a quarter of a century, helping establish the business as one of the leading housebuilders in the UK and delivering outstanding returns for shareholders. We thank him for his significant contribution to the success of the Group over this extended period and he leaves Persimmon in robust financial health. We will now commence the process of identifying Mike's successor and we are pleased to be retaining his skills and experience within the business during this period to ensure a smooth handover."
For further information, please contact:
Citigate Dewe Rogerson
Kevin Smith / Jos Bieneman
Tel: +44 (0)20 7638 9571
The person responsible for the release of this announcement on behalf of the Group is Tracy Davison, Company Secretary.
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