ACCOUNTANT NICHOLAS WRIGLEY is set to take the chairman role at house builder Persimmon.
Wrigley has served as a non-executive at Persimmon for five years, and is an executive vice chairman at Rothschild London. He qualified as an accountant prior to gaining 25 years’ experience at Rothschild.
“Nicholas Wrigley has been a valued member of the board since 2006 and I’m confident he is the ideal person to oversee Persimmon’s further strengthening as a leading house builder,” said Persimmon group chief executive Mike Farley.
Current chairman John White steps down from the company in April. He joined in 1979 before stepping up to chief and then chairman.
“It’s been a great privilege to serve Persimmon for 32 years but I feel this is the appropriate time for me to move on,” said White.
“I leave the company in the knowledge that it is in a great position for the future, with a strong balance sheet, a first class management team and an excellent board of directors.”
Persimmon’s share price climbed more than half a percent in this morning’s trading.
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