10th Oct 2023 11:35
Cairn Homes PLC - Dublin-based housebuilder - Chief Financial Officer Shane Doherty intends to step down after over four years in the role. He will leave Cairn in the second half of 2024, after remaining for up to six months beyond his contractual six-month notice period, to "ensure an orderly succession" and a "smooth transition of responsibilities to his successor after their commencement in the role." Cairn will "imminently" commence its search for a new CFO. Doherty says Cairn "has an exciting long-term outlook," while Chair John Reynolds says: "The health of the business and our financial position today is testament to his diligence, hard work and commitment to Cairn."
Current stock price: 96.90 pence, up 3.0% on Tuesday in London
12-month change: up 30%
By Emma Curzon, Alliance News reporter
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