2nd Dec 2019 10:27
(Alliance News) - MJ Gleeson PLC said Monday it has appointed its interim chief executive officer, James Thomson, to the role on a permanent basis, following a search process including internal and external candidates.
Thomson was first appointed to the interim role in June, replacing Jolyon Harrison, who was part of the housebuilder for seven years since 2012.
MJ Gleeson said in June that Harrison stepped down due a dispute over pay and succession. On Monday, the company said it agreed to vest 633,730 shares to him from its long term incentive plan.
Prior to Gleeson, Thomson was at private equity-owned housebuilder Keepmoat Homes for seven years from 2012 to 2019 as chief executive.
"The board is delighted to confirm James as CEO. During an extensive process he stood out as the clear choice to lead the business. James has already made a significant impact at Gleeson, and we look forward to further progress under his leadership," said Chair Dermot Gleeson.
Shares in MJ Gleeson - which is headquartered in Sheffield - were up 0.5% at 800.00 pence on Monday in London.
By Dayo Laniyan; [email protected]
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