Taylor Woodrow FD to step down
Taylor Woodrow finance director Adrian Auer is expected to announce his departure from Britain's biggest housebuilder.
His expected resignation follows those of Ann Wilson, group head of audit, and group human resources director Sue Gillings. Auer was widely credited as the architect behind Taylor Woodrow’s £556m purchase of housebuilder Bryant.
Reports suggest his resignation is expected to be formally announced at the housebuilder’s interim results announcement tomorrow (Tuesday), alongside plans to relocate its head office from London to the West Midlands.
An interim trading statement released ahead of tomorrow’s interim announcement claimed ‘encouraging’ forward sales and a 7% first half increase in the number of homes completed over the same period last year.