Wheatley Group Capital PLC Retirement of a Director (0234Q)

TIDM60RZ

RNS Number : 0234Q

Wheatley Group Capital PLC

23 February 2021

Wheatley Group Capital PLC

Directorate change

Chair to retire from Wheatley Housing Group Limited

Retirement of a Director

Wheatley Housing Group Limited today announces that Mr. Alastair MacNish, OBE will be retiring as Group Chair in Autumn 2021. Mr. MacNish has spent the last six years as Group Chair, following three years as a Board member of Scotland's largest housing, care and property management group.

Commenting on his plans, Mr. MacNish said: " There are so many things of which I am proud," he said, "none more so than the commitment and dedication of staff and board members, who have helped Wheatley raise the bar for service excellence in the public sector in the UK and beyond. Today, we stand for so many things: from an award-winning ThinkYes culture recognised nationally and internationally to raising well over a billion pounds of private and public investment and being named - for the fourth consecutive year - the largest builder of social-rented homes in the UK."

Wheatley Group Chief Executive Martin Armstrong said: "Alastair's leadership has been nothing short of inspirational. He has made a massive contribution to Wheatley's efforts to build and maintain sustainable, thriving communities and one that will leave an enduring legacy. Those leadership skills have been tested as never before during the pandemic and his sound guidance and wise counsel have been invaluable and very much appreciated."

Appointment of new Chair

A sub-committee of Wheatley board directors - under Vice-Chair Ms. Sheila Gunn - has begun the rigorous process of identifying and selecting Mr MacNish's successor, with an announcement on that appointment to be released to the market in due course.

Further information can be found on our Investor Relations page of the Group website: https://www.wheatley-group.com/media/news/newsfolder/wheatley-chair-alastair-macnish-to-stand-down-later-this-year

A copy of the above document has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk

For further information, please contact:

Wheatley Group Capital plc

Steven Henderson

Group Director of Finance

Wheatley House

25 Cochrane Street

Glasgow G1 1HL

Email : steven.henderson@wheatley-group.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOATJMPTMTATMFB

(END) Dow Jones Newswires

February 23, 2021 03:59 ET (08:59 GMT)

Wheatley 44 (LSE:60RZ)
Historical Stock Chart
From Nov 2024 to Dec 2024