IN BRIEF: Barratt Redrow COO and Deputy CEO Steven Boyes to retire

Barratt Redrow PLC - Coalville, England-based housebuilder - Says Chief Operating Officer and Deputy Chief Executive Officer Steven Boyes plans to retire and step down as director. The changes will take effect on September 6, but Boyes will ‘remain available’ to the company until March 6 2026.

Chair Caroline Silver 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.’

Current stock price: 422.20 pence, up 1.6% in London on Friday afternoon

12-month change: down 12%

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