Berkeley Group promotes FD Perrins in board revamp

Berkeley Group has said it will reshuffle its board at the comapny's AGM on 9 September, elevating FD Rob Perrins to managing director of the property developing giant.

The overhaul comes after the FTSE 250 giant posted revenues of £702m, £289m down on the £991.5m it generated in the previous financial year.

Perrins who joined Berkeley 15 years ago, will succeed Tony Pidgley as group managing director at the company AGM on 9 September. Pidgley will become chairman on the same day.

Currently head of finance for the group, Nick Simpkin has been promoted to the FD position, filling the vacancy created by Perrins promotion. Karl Whiteman will also join the board as a director.

Current chairman Victoria Mitchell said: 'The board have also taken into consideration the need for the chairman and group managing director to be able to work closely and effectively – and in Rob Perrins, the board has both an outstanding and natural successor to Tony as group managing director.

'I am also delighted to announce the appointment to the board of Nick Simpkin and Karl Whiteman. That both appointments are from internal candidates is evidence of the strength in depth of Berkeley's management and I welcome them to the board, the first new appointments to the executive team since 2001.'