LONDON (ShareCast) - (Sharecast News) - Housebuilder Barratt Redrow has announced that its chief operating officer and deputy CEO, Steven Boyes, is planning on retiring later this year - after nearly five decades of service.
Boyes, who joined Barratt in 1978, has informed the board that he intends to retire, and will leave the company on 6 September.

Having started as a junior quantity surveyor, he progressed to become technical director and managing director of Barratt York, before being appointed as regional director for Barratt Northern in 1999.



He then joined the board as a regional chairman and executive director in 2001, became COO in 2012 and deputy CEO in 2016.

These days, Boyes is in charge of Barratt Redrow's housebuilding operations, the timber frame manufacturing business, Oregon, and group land activity and the land promotion business, Gladman.

Chair Caroline Silver thanked Boyes for his "outstanding contribution" to the firm over the past 47 years. "Steven has been instrumental in delivering our strong track record on build quality, sustainability and innovation - which are so fundamental to the hundreds of thousands of high-quality homes we have built for customers across the country," she said.

Boyes will step down as a director in September, but be available to the company for another six months after that.

Barratt Redrow's share price was up 1.6% at 422.39p by 1327 GMT.

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE