For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251113:nRSM3576Ha&default-theme=true
RNS Number : 3576H Barratt Redrow PLC 13 November 2025
Board Change
Barratt Redrow plc ('Barratt Redrow' or 'the Group') today announces that, by
mutual agreement, Mike Scott has stepped down as Chief Financial Officer
('CFO') and as an Executive Director with immediate effect. Mike will be
available for transitional support until 31 January 2026.
The Board has launched a search for a new CFO, and a further announcement will
be made in due course.
Micheal Passmore will join the Group immediately as interim Deputy CFO with
responsibility for the core finance functions, reporting to David Thomas, CEO.
Micheal brings extensive financial and operational experience having recently
worked as Group Finance Director at Rank Group plc and before that in Finance
Director roles at ISS plc and the Post Office.
Barratt Redrow is in a strong financial position following the successful
combination with Redrow, current trading remains solid and in line with the
AGM trading update published on 5 November 2025.
Caroline Silver, Chair of Barratt Redrow, said:
"On behalf of the Board, I would like to thank Mike for his contribution
during a pivotal period for the Group and we wish him well for the future."
Mike Scott, outgoing CFO, said:
"I would like to thank the Board for the opportunity to work with Barratt
Redrow over the last four years and wish the Group all the best for the
future."
Details of remuneration arrangements in relation to Mike Scott's departure
from Barratt Redrow will be disclosed on the Barratt Redrow website in
accordance with section 430(2B) of the Companies Act 2006.
For further information, please contact:
Barratt Redrow plc:
Analyst / investor enquiries
John Messenger, Group Investor Relations Director 07867 201 763
Media enquiries
Tim Collins, Group Corporate Affairs Director 020 7299 4874
Brunswick
Rosie Oddy / Peter Hesse 020 7404 5959
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END BOAUOOARVBUAARA
Copyright 2019 Regulatory News Service, all rights reserved