RCS - Boot(Henry) PLC - Organisational changes to support future growth

Henry BootAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251211:nRSK0937La&default-theme=true

RNS Number : 0937L  Boot(Henry) PLC  11 December 2025

Henry Boot announces organisational changes to support future growth

 

Henry Boot announces today that it has made a number of promotions and
organisational changes in line with its ongoing commitment to further
enhancing efficiency and driving improved operational performance.

 

In March, the group commenced a Future Ways of Working (FWoW) programme,
designed to drive growth by harnessing closer working relationships, aligning
working practises and leveraging synergies. The sale of Henry Boot
Construction, announced in September, was a key step in simplifying the
group's structure and increasing our focus on high quality land, prime
property development and premium homes. Through FWoW we aim to strengthen the
group's agility, resilience and responsiveness whilst efficiently managing the
cost base and improving the sharing of expertise and resources between Henry
Boot's businesses. To progress this further, we have taken the decision to
reshape some group functions and refresh the Executive Committee (Exco).

 

To this end the group is pleased to announce the promotion of Steven Stacey to
the newly created role of Chief Operating Officer (COO), where his focus will
be on helping drive efficiency, collaboration and alignment across the group,
while being responsible for Henry Boot's central functions of Legal, IT,
Marketing and Risk.  Steven has been with the group for almost nine years,
most recently as Henry Boot's Group Finance Director where he reported
directly to CFO, Darren Littlewood.  In this new role Steven will also join
the group's Exco and report directly to CEO, Tim Roberts.

 

At Stonebridge Homes (SBH) Steve Errington has stepped down as Managing
Director and will be leaving the business immediately. Whilst the search for a
permanent replacement is already underway, Ed Hutchinson, currently Managing
Director of HBD and Exco member, will serve as Interim Managing Director of
SBH. In this role he will continue to progress the integration of SBH into the
group through the FWoW programme. Ed has successfully led HBD for the past
seven years and has extensive expertise in building and construction
processes, as well as land acquisition, planning and stakeholder engagement,
including customers. He has overseen the successful delivery of a number of
major residential developments for HBD, including The Chocolate Works in York
and SETL in Birmingham.

 

Hamer Boot, who is currently Director of Investment and Funding at HBD, will
assume day-to-day responsibility for leading the HBD's Strategic Board, while
Ed focusses on SBH. Hamer was promoted to his current role in 2020, having
joined HBD in 2013 from CBRE. His expertise and experience will ensure that
HBD remains firmly focussed on delivering its development programme while
selectively adding future opportunities to its £1.3bn pipeline.

 

Jaimie Read, who joined Henry Boot in 2017, has been promoted to the role of
Company Secretary and will lead the CoSec team while reporting to the CFO.
Jaimie assumes the role from Amy Stanbridge, General Counsel and Company
Secretary, who will be leaving the business after 11 years.  In her role and
as a member of Exco, Amy has been responsible for initiatives to improve legal
engagement and ensure good governance.

 

These appointments follow the group's announcement in September 2025 that Iain
MacSween will succeed Nick Duckworth as Managing Director of Hallam Land on 1
January 2026, at which time he will also join Exco. His appointment ensures
continuity and strong leadership for the business as we accelerate planning
applications for new homes across the country.

 

The CEO, CFO and People Director as well as the Managing Director of Banner
Plant will continue in their current roles as members of Exco, thereby
ensuring stability and continuity at the core of the group. Members of Exco
will report to the CEO.

 

Tim Roberts, CEO at Henry Boot, commented: "This restructuring represents a
significant step in positioning the group for future growth, building on the
strength of Henry Boot's long term foundations and track record. By refreshing
our leadership and aligning our organisational structure with the evolving
needs of the business, while better leveraging the superb range of skills and
expertise we are fortunate to have across the group, we are confident in our
ability to continue to create long term value and robust returns for all our
stakeholders."

 

Notes to editors

Henry Boot is one of the UK's leading land, property development, home
building and construction businesses - and we've been transforming land and
spaces since 1886. Listed on the London Stock Exchange since 1919, we're
renowned for quality, expertise, delivery and a partnership approach across
the group - which comprises, Hallam Land, HBD, Stonebridge, Henry Boot
Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key
markets: urban development, industrial and logistics and residential. Hallam
Land manages one of the top five largest land portfolios in the country, with
the potential to facilitate over 105,000 homes. HBD manages a development
pipeline of £1.3bn, the equivalent of 8.3m sq ft of developments across our
key markets, while maintaining a £96m investment portfolio, of which 90% of
the properties have an EPC rating of 'C' or higher. Stonebridge, our jointly
owned home building business, manages a land portfolio capable of delivering
c.2,500 homes, with an ambition to deliver up to 600 new homes a year.

Henry Boot Construction has extensive experience in both the public and
private sectors, including major projects such as the £200m regeneration of
Barnsley town centre, and The Cocoa Works, a £57m residential development in
York. For over 65 years, Banner Plant has supplied construction products and
services, operating from seven regional depots in the North of England.

We have also developed an ambitious Responsible Business Strategy to help us
meet our aim of being Net Zero Carbon by 2030, and to deliver, by 2025,
charitable, community and education work valued at £1m.

From land promotion, property development and investment to home building,
construction and plant hire, Henry Boot is where great places start.

henryboot.co.uk (http://www.henryboot.co.uk/)

 

Enquiries

 

FTI Consulting

Richard Sunderland / Giles Barrie

07894 797067 / 07798 926814

henryboot@fticonsulting.com

 

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Chief Financial Officer

Daniel Boot, Senior Corporate Communications Manager

07825 088807

dboot@henryboot.co.uk

henryboot.co.uk

 

Deutsche Numis

Joint Corporate Broker

Oliver Hardy

0207 260 1000

 

Peel Hunt LLP

Joint Corporate Broker

Ed Allsopp / Tom Graham

0207 418 8900

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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  NRAPKKBKCBDDBBD



            Copyright 2019 Regulatory News Service, all rights reserved