Berkeley Group has announced three significant directorship changes within its executive team.
Group chairman Michael Dobson has announced his intention to step down from the Board after the company AGM in September.
Ahead of the business starting its new 10-year strategy, chief executive Rob Perrins will succeed Dobson and thereafter be appointed executive chairman of Berkeley Group.
Dobson said: “Berkeley is a company with a proud and distinct heritage and a great deal of potential. It is an honour to have played a role. Rob has been a great chief executive for 16 years and I wish him and the company all the best for the future.”
Perrins, who has been Berkeley’s chief executive since 2009, will be succeeded by Richard Stearn as CEO having served as Berkeley’s chief financial officer since 2015.
“The Board would like to thank Mike for his outstanding leadership over the last three years which has seen a number of important developments for Berkeley during a period of heightened geo-political and macro-economic volatility,” said the executive team at Berkeley Group.
“Rob has been Berkeley’s CEO since 2009 and has overseen a period of exceptionally strong performance and value creation.
“Appointing Rob as executive chair will provide assurance to key stakeholders, including our people and the leaders in national and local government, of the continuity in leadership needed at this time.”
Berkeley Group has also appointed Richard Dakin as a non-executive director, coming from a career in banking, capital markets, and real estate, most recently as head of CBRE’s European investment banking and debt and structured finance business.
Was this interesting? Try: Morgan Sindall raises profit forecast as fit-out market proves strongest sector all year
If you have a tip or story idea that fits with our publication, please contact the news editor rory@wavenews.co.uk
Get industry news in 5 minutes!
A daily email that makes industry news enjoyable. It’s completely free.
