Persimmon said on Monday that group finance director Mike Killoran plans to retire early next year after 25 years with the housebuilder.
It is expected that Killoran will step down from the board in mid-January after the announcement of the FY21 trading update.
Chairman Roger Devlin said: “Mike has played a pivotal role in the development of Persimmon over more than a quarter of a century, helping establish the business as one of the leading housebuilders in the UK and delivering outstanding returns for shareholders.
“We thank him for his significant contribution to the success of the group over this extended period and he leaves Persimmon in robust financial health. We will now commence the process of identifying Mike’s successor and we are pleased to be retaining his skills and experience within the business during this period to ensure a smooth handover.”
