19th Aug 2020 07:54
(Alliance News) - Persimmon PLC on Wednesday said Dean Finch is expected to join as chief executive officer earlier than originally planned.
Finch will leave his role as CEO of transport operator National Express Group PLC on August 31.
"Persimmon now expects that Dean will be able to take up his post as Persimmon CEO earlier than originally envisaged and anticipates confirming his start date shortly," the housebuilder said.
Finch, who will succeed David Jenkinson, was originally expected to join Persimmon at the end of 2020.
In February, FTSE 100-listed Persimmon had announced that Jenkinson planned to step down but would stay "for as long as the business requires". Jenkinson has been part of Persimmon for 22 years, and was appointed permanently as CEO in 2019, after being appointed to the role on an interim basis in November 2018.
National Express separately said that Chief Financial Officer Chris Davies will take over as interim CEO from September 1, until a permanent appointment is made.
"The search for a new group chief executive officer is progressing well, with both internal and external candidates under consideration," FTSE 250-listed National Express said.
By Tapan Panchal; [email protected]
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