FD quits after two months.
James Corr, financial director of the Berkeley Group, has resigned after only two months at the house-building group.
Corr, 47, joined Berkeley in July from Polypipe, a manufacturer of plastic building material, where he had been group finance director for five years.
A Scottish chartered accountant, Corr has more than two decades experience in the engineering, manufacturing and contracting sectors.
Last October, predecessor Peter Darby resigned from the FD post due to ‘personal reasons’ after only eighteen months.
Group executive chairman and chartered accountant Roger Lewis will resume his role as acting FD, which he held before Corr was appointed.
Berkeley said Corr had found ‘the transition from manufacturing to property was not as he had expected’ and that ‘he felt that it would in the best interest of both himself and Berkeley to resign’.
According to a spokesperson, the company would not rush into a decision on a replacement, though an internal candidate was being considered.
The company denied that there had been any clash between Corr and the group’s entrepreneurial managing director Tony Pidgley.