UK's Vistry appoints Severn Trent finance head Helen Miles as CFO (updated)

Vistry

27/10/2026 08:13

Adds further details on interim CFO, Helen Miles' previous roles, company background, share movement
Oct 27 (Reuters) - Vistry VTYV.L on Tuesday named Severn Trent's SVT.L Helen Miles as the British homebuilder's next finance head.
Miles will succeed interim finance chief Robert Allen next year. 
Here are some details:
Vistry named Allen, most recently CFO of the Crown Estate, as interim finance head on Tuesday
Separately, Severn Trent said that Miles would remain in her role at the company throughout her 12-month notice period
Miles earlier served as CFO for emergency repairs firm HomeServe and BT Group's BT.L broadband provider Openreach
The change in personnel at Vistry was necessitated following the retirement of former CFO Tim Lawlor announced in July
Shares of the company were up 3.8% in early trading
Vistry is currently undergoing a major overhaul to trim its business, as it grapples with persistently slow demand, mounting debt and elevated costs due to the Iran war
Interim CFO Allen earlier led the finance departments at Intu Properties and London-listed homebuilder Crest Nicholson CRST.L 
The group said in its half-year results in September that it was targeting average daily net debt reduction to about £500 million in fiscal 2027

(Reporting by Simone Lobo in Bengaluru; Editing by Rashmi Aich)
((Simone.Lobo@thomsonreuters.com, +919920570373))