Acquisition of Morrison, Chartdale and Linden Homes prompts major changes in the boardroom
Andy Sturgess and Ken Gillespie have stepped down from the directors board to join the executive board; Sturgess as managing director of the building division and Gillespie as managing director of the infrastructure division.
Ian Baker and Chris Coates have also joined the executive board. Baker becomes managing director of the South West and Eastern housebuilding division, while Coates becomes managing director of the South East housebuilding division.
The board of directors now includes chief executive Greg Fitzgerald and finance director Frank Nelson, together with the existing non-executive directors David Calverley, Chris Bucknall, Jonathan Dawson and Amanda Burton. Richard Barraclough continues as company secretary.
Galliford Try bought housebuilder Chartdale in January 2006 for £67m, and acquired Morrison Construction in March of the same year for £42m.
Last month, it acquired Linden Homes for £245m, including £136m debt. The company subsequently announced it would restructure its operations in May around three brands – Linden Homes, Midas Homes and Stamford Homes. The Try Homes brand will be discontinued.