Taylor Wimpey appoints Chris Carney to its Board as Group Finance Director alongside Jennie Daly as Group Operations Director

– UK, Wycombe – Taylor Wimpey plc (LSE:TW), announces that Ryan Mangold will be leaving his role as Group Finance Director after almost eight years in that position. Ryan will step down as a Director on 20 April 2018 but will continue to have an active role in the business until 31 December 2018, which will include helping to oversee the half year accounts and help to ensure an orderly transition. He will then be on garden leave until 19 April 2019.

Ryan will be succeeded by Chris Carney who will be appointed to the Board as Group Finance Director with effect from 20 April 2018. Chris is currently the Divisional Chairman of the Company’s London and South East Division, a role he has held since 2015. Chris is a Chartered Accountant and having worked in both private practice and for Associated British Foods plc, joined Taylor Wimpey in 2006 as Group Financial Controller, a post he held until 2008. Chris then became the Finance Director of Taylor Wimpey UK, before undertaking the role of Managing Director of the Company’s South Thames business unit.

The Company also announces the appointment of Jennie Daly to the Board as Group Operations Director with effect from 20 April 2018. Jennie joined Taylor Wimpey in 2014 from Redrow plc, as UK Planning Director, before becoming UK Land Director in 2015. She has a wealth of experience in the housebuilding industry gained from roles which include strategic land oversight at Westbury plc and managing director of Harrow Estates Plc. As Group Operations Director, Jennie oversees our land, planning, design and technical, production and supply chain functions, in addition to managing the Taylor Wimpey Logistics business. Jennie is also a non-executive director of the Peabody Trust.

Kevin Beeston, Chairman, said: “On behalf of the Board, I would like to express our sincere thanks to Ryan for his significant contribution to Taylor Wimpey as Group Finance Director over the past eight years and would like to wish him all the very best for the future.

I am also delighted to welcome both Chris Carney and Jennie Daly to the Board as Group Finance Director and Group Operations Director respectively. Both Chris and Jennie are existing members of the Group Management Team and each has a wealth of experience in the housebuilding industry, which will help to further strengthen the Board. I wish Chris and Jennie every success in their new roles. I would also like to wish Ingrid every success in her new role as Divisional Chairman of the London and South East Division. I am particularly pleased that the Board’s active succession planning focus has produced such outstanding candidates, as well as helping to provide further opportunities in the business.”

Ryan Mangold said: “I have thoroughly enjoyed my time at Taylor Wimpey having improved the strength and quality of the balance sheet and, as a member of the senior management team, driven a material improvement in business performance. I leave the Board with the business in a very strong financial position and I wish Taylor Wimpey continued success for the future.”

Taylor Wimpey plc is a UK-focused residential developer, operating at a local level from 24 regional businesses across the UK. We also have operations in Spain.

For more information : http://www.taylorwimpey.co.uk

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