Taylor Wimpey PLC (LSE:TW.) said it appointed Jennie Daly, its current group operations director, as chief executive officer to succeed Pete Redfern from 26 April 2022.
Daly currently oversees Taylor Wimpey's land, planning, design, technical, sustainability, production and supply chain functions, as well as managing the Taylor Wimpey Logistics business, the housebuilder said in a statement.
She joined Taylor Wimpey from Redrow PLC (LSE:RDW) in 2014 and has almost 30 years of experience in the housebuilding and land and planning industries.
"I am delighted to announce the appointment of Jennie Daly as our new CEO. Jennie has extensive experience in the housebuilding sector and has demonstrated exceptional leadership and a razor-sharp operational focus," said Taylor Wimpey chair Irene Dorner.
Daly added: "This is an outstanding business with a strong landbank and strategic land pipeline, and a talented and committed team. Taylor Wimpey is strongly positioned to deliver sustainable sector-leading growth and returns, whilst always operating as a responsible business."
Daly will receive an annual salary of £750,000, a bonus opportunity of 150% of salary for 2022 and a performance share plan (PSP) award for 2022 of 200% of salary.