REG - Barratt Redrow PLC - Board Change: Retirement of Steven Boyes

Barratt RedrowAnnouncement

07/03/2025 13:00

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RNS Number : 8571Z  Barratt Redrow PLC  07 March 2025

7 March 2025

 

BARRATT REDROW plc

Board Change: Retirement of Steven Boyes

Barratt Redrow plc today announces that, after 47 years of dedicated service,
Steven Boyes has informed the Board that he intends to retire as Group Chief
Operating Officer (COO) and Deputy Group Chief Executive Officer (Deputy CEO),
and to step down as a director of Barratt Redrow plc. These changes will take
effect on 6 September 2025, but Steven will remain available to Barratt Redrow
plc until 6 March 2026.

 

Caroline Silver, Chair, said:

"Over his 47-year career, Steven has made an outstanding contribution to
Barratt Redrow, playing an integral role in the success of the Group. Notably,
Steven has been instrumental in delivering our strong track record on build
quality, sustainability and innovation - which are so fundamental to the
hundreds of thousands of high-quality homes we have built for customers across
the country. Steven has developed a highly disciplined and industry-leading
operations team, who will ensure that we maintain the unrivalled credentials
which Steven has helped us to earn.  The Board wishes Steven and his family
every happiness in his retirement."

 

David Thomas, Group Chief Executive Officer, said:

"I would like to thank Steven for his outstanding contribution to the business
and to our industry. During his time as COO and Deputy CEO, Steven has been
instrumental in making Barratt Redrow the exceptional UK housebuilder that it
is, relentlessly driving our industry-leading quality, service and
sustainability forward. On a personal note, Steven has been a huge support to
me since I joined the Group. I feel honoured to have worked with him for the
past 16 years and wish him every happiness in his retirement."

 

Steven Boyes, COO and Deputy CEO said:

"I joined Barratt in 1978 as a junior quantity surveyor little knowing that,
47 years later, I would be retiring as COO and Deputy CEO. I am hugely
grateful for the many opportunities and experiences that the business has
given me.  I've had the pleasure of working alongside many excellent
colleagues across the Group and I believe the Group is incredibly well
positioned for the future."

 

Notes to Editors

Steven Boyes has over 47 years' experience in the housebuilding industry,
having joined as a junior quantity surveyor in 1978. He progressed through the
business to assume the roles of Technical Director and Managing Director of
Barratt York, before being appointed Regional Director for Barratt Northern in
1999.

Steven joined the Board as a Regional Chairman and Executive Director in July
2001, became COO in July 2012 and Deputy CEO in February 2016. He is
responsible for the Group's housebuilding operations, our timber frame
manufacturing business, Oregon, and Group land activity in addition to our
land promotion business, Gladman.

Steven was also previously a Trustee of the UK Green Building Council.

A statement concerning particulars of remuneration payments in accordance with
section 430(2B) of the Companies Act 2006 will be published on the Company's
website in line with statutory obligations.

 

For further information, please contact:

 Analyst / investor enquiries

 Mike Scott, Chief Financial Officer                                              01530 278 278

 John Messenger, Group Investor Relations Director                                07867 201 763
 Media enquiries

 Tim Collins, Group Corporate Affairs Director                                    01530 278 278
 Brunswick

 Jonathan Glass / Rosie Oddy                                                      020 7404 5959

 

Barratt Redrow plc LEI: 2138006R85VEOF5YNK29

 

The Group's next scheduled announcement will be a trading update on Wednesday
16 April 2025.

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