logo-loader

Taylor Wimpey says business continues to trade in line as it unveils departure of group finance director

Published: 09:00 20 Apr 2018 BST

New homes
Mangold will be succeeded by Chris Carney, currently the divisional chairman of the company's London and South East Division

Taylor Wimpey PLC (LON:TW.) has confirmed its business continues to trade in line with expectations as it announced the departure of its group finance director and the appointment of a group operations director.

In a statement, the FTSE 100-listed firm said that Ryan Mangold will be leaving his role as group finance director after almost eight years in the position.

READ: Taylor Wimpey slides as its order book dips year-on-year

It added that Mangold 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. 

The group said Mangold will be succeeded by Chris Carney, currently the divisional chairman of the company's London and South East Division, a role he has held since 2015.

The company also announced the appointment of Jennie Daly to the board as group operations director with effect from 20 April 2018.

Daly joined Taylor Wimpey in 2014 from Redrow plc (LON:RDW), as UK Planning Director, before becoming UK Land Director in 2015.

Confirming that the business continues to trade in line, Taylor Wimpey said it looks forward to updating shareholders further at its AGM on 26 April 2018.

In early trading, Taylor Wimpey shares were 0.8% higher at 195p.

HANetf founder and co-CEO discusses shift to active management in ETF market

HANetf founder and co-CEO Hector McNeil tells Proactive's Stephen Gunnion about shifting trends in the exchange-traded fund (ETF) market in the United States, indicating a big move towards active management within ETFs. Despite the European market lagging behind the US by three to five years,...

13 hours, 58 minutes ago