Barratt Redrow Announces Board Changes
Why we think this is neutral
The RNS announcement is about changes to the Board of Directors, which is a routine corporate update and does not contain any significant financial or operational news that would significantly impact the company's performance or outlook.
Key Points
- Matthew Pratt to step down as Redrow Chief Executive and Group Board Director on 30 June 2025
- David Thomas to continue as Group Chief Executive Officer
- Mike Scott to continue as Chief Financial Officer
Summary
The major housebuilder announces the departure of its Redrow Chief Executive as the operational integration of Barratt and Redrow nears completion.
Barratt Redrow plc announces that Matthew Pratt, the Redrow Chief Executive and Group Board Director, will be stepping down from his roles on 30 June 2025 as the operational integration of Barratt and Redrow nears completion. David Thomas will continue as the Group Chief Executive Officer, and Mike Scott as the Chief Financial Officer.
Key Dates
30 June 2025
Matthew Pratt to step down as Redrow Chief Executive and Group Board Director
6 September 2025
Steven Boyes to retire
GENERAL UPDATE