Crest Nicholson has named its new chief executive officer (CEO).
Chief commercial officer (CCO) at Persimmon Homes, Martyn Clark, will succeed Peter Truscott as CEO at the housebuilder following Truscott’s retirement.
Truscott joined Crest Nicholson in 2019 as chief executive having worked in the sector for more than 30 years.
During his time, he repositioned the group’s strategy, led the business through the pandemic and restructured operations to adapt to changing market conditions.
Clark has been with Persimmon for nine years in senior roles in the South division, including regional chairman before his appointment as CCO in 2022. Prior to that he spent 28 years at Bloor Homes.
Clark will assume the role of CEO later in the year and Truscott will remain with the business until a handover process is completed.
Clark said: “I am looking forward to joining Crest Nicholson and working with the board and wider team in the next phase of the group’s growth.”
Truscott added: “I would like to thank the board and my colleagues at Crest Nicholson. It has been a pleasure to work here and despite challenging market conditions in recent years, the group has made good progress. I will leave the group in good hands when Martyn joins later this year.”
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